Question

Proactively searching for analytical symptoms related to financial statement fraud means that we are looking for accounts that appear:

a) too low
b) too high
c) unusual
d) all of the above

Answer 1

When searching for analytical symptoms related to financial statement fraud, we look for accounts that appear too low, too high, or unusual.

Step-by-step explanation:

Proactively searching for analytical symptoms related to financial statement fraud means that we are looking for accounts that appear: all of the above. When analyzing financial statements, we look for anomalies or deviations that may indicate fraudulent activities. These anomalies can include accounts that are too low, too high, or unusual in comparison to peer companies or historical trends.