A High Risk Condition for the Fraud Risk Factor 'Opportunity

question 34

Multiple Choice

A high risk condition for the fraud risk factor 'opportunity' would be:

• A) known or expected future layoffs
• B) that the company is close to its debt covenants.
• C) behavior indicating displeasure or dissatisfaction with the company or its treatment of an employee
• D) large amounts of cash on hand.

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Definitions:

Automatic Boxing

The automatic conversion that the Java compiler makes between the primitive data types and their corresponding object wrapper classes.

Java

Java is a popular, high-level programming language that is object-oriented and designed to have as few implementation dependencies as possible.

Static Variable

A variable that is shared by all instances of a class in object-oriented programming, and exists independently of any object instances.

SalesTax

A specific percentage added to the price of goods and services that is paid to governing authorities, often used in programming scenarios for financial applications.