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9) Fraudulent financial reporting may be accomplished by manipulation, falsification (including forgery), or alteration of ac

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9) Fraudulent financial reporting may be accomplished by manipulation, falsification (including forgery), or alteration of ac
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9) TRUE

Fraudulent financial reporting may be accomplished by manipulation, falsification(including forgery), or alteration of accounting records or supporting documentation from which the financial statements are prepared.

Because The financial statements are prepared in accordance with books of accounts, the books of accounts are prepared in the basis of journal entries.Where such journal entries are passed in light of the accounting record or supporting documentation.

If such supporting documentation or accounting records are manipulated or forged it shall leed to pass wrong or false journal entries and from these journal entries enterprise prepare fraudulent books of accounts and these further leeds to fraudulent financial reporting.

10) FALSE

The primary responsibility for the adequacy of disclosure in the financial statement of a publicaly held company rests with the management and those charged with governance of the entity (if applicable).The Auditors Basic Responsibility is to report whether in his opinion the financial statements show a true and fair view or not.

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