Management rarely uses journal entries to commit fraud because they are easily noticed by the auditor.

Question

Quizplus · Accepted Answer

This statement is false. Management can use journal entries to commit fraud, and while auditors may notice the entries, they may not always detect the fraud or may require additional investigation to uncover it. However, strong internal controls and oversight can reduce the risk of fraudulent journal entries.

Management Rarely Uses Journal Entries to Commit Fraud Because They