Which of the following observations is NOT true with respect to analytical symptoms?
A) Analytical symptoms relate to what the size of the deferred charges are on the balance sheet relative to prior periods.
B) With analytical symptoms, you are comparing trends and changes.
C) To discover an inadequate disclosure fraud, a person must look for analytical symptoms.
D) Proactive searching for analytical symptoms means that we are searching for accounts that are unusual in some way.

Question

Quizplus · Accepted Answer

Analytical symptoms are used to identify unusual trends or changes in financial data, not specifically to discover inadequate disclosure fraud. Inadequate disclosure fraud may be discovered through a variety of methods, not just analytical symptoms.

Which of the Following Observations Is NOT True with Respect