Auditors Are Mandated to Assess the Client's Risk of Financial

question 3

Multiple Choice

Auditors are mandated to assess the client's risk of financial reporting fraud.Auditing standard SAS-99 considers the following a mandatory tool in fraud assessment:

• A)Discussion and brainstorming
• B)Fraud triangle
• C)Interviews with management
• D)Development of fraud training programs
• E)All of the above

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Definitions:

Gender Binary

A conceptual division of gender into two distinct and opposite categories, typically male and female.

Nonconforming Behavior

Actions or attitudes that deviate from societal norms or expectations, often challenging traditional values.

Peers Pressure

The influence exerted by a peer group in encouraging a person to change their attitudes, values, or behaviors in order to conform to group norms.

Variable-Ratio Schedules

A reinforcement schedule in behavioral psychology where a response is reinforced after an unpredictable number of responses, promoting a high and steady rate of response.