Start learning →

A forensic accountant checks a vendor list for names with no real business behind them. What is she looking for?

AFictitious vendors
BIdle capacity
CExcess reserves
DGoodwill impairment
Answer & Solution
Correct answer: A. Fictitious vendors
Review of business records to identify fictitious vendors, employees or activities is a standard forensic technique.
Practise this question with Quill — CA Final →

Keep practising Due Diligence

Browse all Due Diligence questions for CA Final, or explore more Auditing topics.

Start a Due Diligence lesson →
Related questions