Fraudulent journal entries often have unique characteristics.These include
A)the use of an unrelated,unusual,or seldom used method in the entry
B)an entry made by an individual who does not normally make journal entries
C)an entry recorded at the end of a time period or as a post closing entry with a good explanation of the reason for the adjustment
D)no account numbers are associated with the entry
E)the journal entry contains no round numbers nor numbers with consistent ending digits
F)both A and C
G)both B and D
H)both C and E

Question

Quizplus · Accepted Answer

Fraudulent journal entries often exhibit characteristics such as being made by individuals who do not normally make journal entries (B) and lacking associated account numbers (D), which can be red flags for auditors or financial analysts reviewing accounting records.

Fraudulent Journal Entries Often Have Unique Characteristics.These Include