Question

For accounting errors, which of the below sentences is true?

a. They are primarily caused by lack of training.
b. They are problems caused by failures in systems, procedures, and policies.
c. They represent fraud and normally result in legal action being taken.
d. They represent intentional sabotage of controls.

Answer 1

The answer is B, They are problems caused by failures in systems, procedures, and policies.

Step-by-step explanation:

Accounting anomalies are when perpetrators commit fraud against their employers, accounting records such as documents, journal entries, ledgers, or financial statements are often altered, forged, or missing.