Fraud risk factors are events or conditions that indicate which of the following?a. An opportunity to carry out a fraud.b. An attitude or rationalization that justifies a fraudulent action.c. An incentive or pressure to perpetrate fraud.d. All of these are correct.
Fraud risk factors are events or conditions that indicate which of the following?a. An opportunity to carry out a fraud.b. An attitude or rationalization that justifies a fraudulent action.c. An incentive or pressure to perpetrate fraud.d. All of these are correct.
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter2: The Auditor’s Responsibilities Regarding Fraud And Mechanisms To Address Fraud: Regulation And Corporate Governance
Section: Chapter Questions
Problem 6RQSC
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Fraud risk factors are events or conditions that indicate which of the following?
a. An opportunity to carry out a fraud.
b. An attitude or rationalization that justifies a fraudulent action.
c. An incentive or pressure to perpetrate fraud.
d. All of these are correct.
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