Which of the Following Is NOT a Source of Information

question 71

Multiple Choice

Which of the following is NOT a source of information used to assess fraud risk?

• A) Responses to auditor inquiries of management about their views of the risks of fraud
• B) Analytical procedures results obtained during planning
• C) Information obtained from communications among audit team members
• D) All of the above are source of information used to assess fraud risk.

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Definitions:

Functional Areas

Distinct sections within an organization, each responsible for specific tasks that contribute to the overall mission, like marketing, finance, human resources, and operations.

Sustainable Marketing

The process of creating, communicating, and delivering value to customers in a way that recognizes and incorporates the concept of sustainability.

Sustainable Practices

Approaches and methods that meet current needs without compromising the ability of future generations to meet their own needs, often with specific concern for environmental stewardship.

Cut Costs

A strategy designed to reduce expenses in order to improve financial performance.