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An internal auditor for a large retail chain suspects that a store manager has been stealing money from cash sales by listing the sales as accounts receivable and then writing off the accounts as bad debts. Which of the following irregularities is the most likely cause of the auditor's suspicion?
A. A much higher bad debt expense as a percentage of sales than that of previous years.
B. A much higher percentage of past-due accounts receivable than that of other stores.
C. A much higher percentage of past-due accounts receivable than that of previous years.
D. A much higher bad debt expense as a percentage of sales than that of other stores.
Answer: D

NEW QUESTION: 3
CORRECT TEXT
What are the differences between account teams and sales teams?
Answer:
Explanation:
An
account team is a team of users that work together on an account. Sales teams work together on opportunities, An Account team may include an executive sponsor, dedicated support representative,andproject manager.


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