Which of the Following Is Correct Relating to "Fraud Risk

question 73

Multiple Choice

Which of the following is correct relating to "fraud risk factor"?

• A)it may affect the auditors assessment of risks relating to fraud
• B)if it involves senior management,it will result in resignation of the auditor
• C)it is also a material weakness in internal control
• D)the planned audit procedures would require modifications

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Definitions:

Cognitive Fitness

A state of optimized ability to remember, learn, plan, and adapt to changing circumstances.

Physical Fitness

A state of health and well-being achieved through regular physical activity, diet, and proper rest, enabling the performance of daily tasks with vigor.

Work-related Stereotype

Preconceived and oversimplified beliefs or ideas about certain professions or roles in the workplace.

Smart Phone

A mobile phone that offers advanced functionalities beyond making calls and sending text messages, including internet access and various applications.