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Which of the following indicate common fraud systems relating to ledgers?

<p>(a) Ledger that balances too perfectly</p> <p>(b) Master a/c balances that do not equal the sum of the individual customer vendor balances</p> <p>(c) A ledger that does not balance</p> <p>(d) b &amp; c both</p>

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Question added by Mir Mujtaba Ali , Internal Audit Manager , Confidential
Date Posted: 2015/01/02
Jobish Mathew
by Jobish Mathew , Accounts ans Compliance Manager , Remox Pty Ltd

d

Ahmed kandil
by Ahmed kandil , Cost Controller , Battour Holding Cpompany

ANSWER D IS CORRECT 

Ghous Ahmad
by Ghous Ahmad , Financial Accountant , Al Jammaz Group

ans D

Nabeel Javaid
by Nabeel Javaid , Customer Care Representative , Silah Gulf

B & C both

georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

The correct answer is d

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Agreed with all answers mentioned as answer option (d) which includes both b & c situations.

Hany Sabry
by Hany Sabry , Finance Manager , GMC for Engineering & Feeding Industries (S.A.E)

Answer is (D) the both B & C

Khurram Shaukat Memon
by Khurram Shaukat Memon , Academic Research Writer , Freelance Academic Research Writer

Option (d) is the right answer to this question.

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