Which of the following statements is FALSE? a. Liability understatements are easier to detect than other types of financial statement fraud. b. A seasoned fraud examiner will look for unusual liability account changes to detect fraud. c. Companies in trouble have a strong motivation to understate liabilities. d. Analytical symptoms related to accounts payable understatements usually relate to reported balances that appear too low.

Correct option is (a)

Explanation:

The statement that liability frauds are easier to detect than any other type of financial statement fraud is false. Asset overstatements or frauds are easier to detect than liability understatement. This is because, overstated assets are reported in the balance sheet while understated liabilities are not reported at all. So, they go undetected. Overstated assets can be analyzed by the investigators by analyzing the assets if they actually exist and if the amounts reported are genuine or not.

ans.

heterothermic organisms include those organisms that can switch between homeothermic (having body temperature higher than environment) and poikilothermic (having variation in internal body temperature) strategies.

some migratory birds show heterothermy as they decrease their metabolic rate during cold nights to keep their body temperature low. drop in metabolic rate allows increase in production efficiency of birds that reduces the internal body temperature to make it equal to external cold temperature during cold nights.

thus, the correct answer is 'birds allow their temperature drop in order to increase their production efficiency.'

commercial banking

provide online payment services

provide online banking

asset management firms

invest in people's funds in securities

accept tax return refunds