Which statement is false?
a.
b.
c.
d.
e. SAS No. 99 does not mention forensic accounting. SAS No. 99 does not require auditors to make inquiries of “others” as opposed to management. Many of the companies indicted by the SEC after Enron had CEOs with compensation 75 percent above their peers. Bill and hold refers to improper revenue recognition. Sherron Watkins was the internal auditor who discovered the fraud at WorldCom.




