
FAFD1
Authored by Rohit Narang
Professional Development
Professional Development
Used 10+ times

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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A _________ is termed as an indication of a danger or a warning signal
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A ________ is a flag which denotes a “too good to be true scenario”.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Significant increase in working capital borrowing as a percentage of turnover is a
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A case where an employee doesn't take travel advance but always pays from his pocket is a
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Payment to vendors who are not on approval list is a
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When the auditor tests the documents by keeping them side by side then it is known as
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The basic principles used in identifying red flags are
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