In General, Management Should Avoid Sharing the Fraud Risk Assessment

question 7

True/False

In general, management should avoid sharing the fraud risk assessment process and results with employees.

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Definitions:

Cultural Norms

Cultural norms are the shared expectations and rules that guide behavior of people within social groups.

Amoral Manager

A type of manager who lacks a clear understanding or concern for the ethical implications of their decisions and actions in the business environment.

Ethical Implications

The moral consequences or considerations associated with a particular action, decision, or policy, evaluating its rightness or wrongness.

Utilitarian Benefits

Utilitarian benefits refer to the functional or practical advantages that consumers receive from using a product or service, emphasizing usability and efficiency.