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36. The number one categorization (Frequency) of Financial statement fraud is due to the misuse...

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36. The number one categorization (Frequency) of Financial statement fraud is due to the misuse of the concept of a. Cookiejar reserves b. Revenue recognition-overstatement c. Expense recognition d. Bribery and illelt payments 37. In 2004, CIT had net income of $754,000,000. Equipment Leasing was 16 percent of Cit's total assets. The stolen computers were valued at $637,000. The concept determine the level of risk assessment for these values is the concept of a. Materiality b. Remediation 38. The c. Opportunity d. Goldbricking under the law. a. Fifth b. Fourth C. Sixth d. Fourteenth e. Sixteenth amendment entities a person to due process of law and equal protection

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