According to Professional Audit Standards, How Might an Understanding of the Nature

question 41

Multiple Choice

According to professional audit standards, how might an understanding of the nature of fraud that may occur in the client organization be identified by an audit firm?

• A) Fraud training courses from actual corporate fraud ex-criminals.
• B) Conducting a brainstorming session with the members of the audit team.
• C) Circulating a survey to the client company employees for completion.
• D) Discussions with other audit firms.

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Definitions:

Extravert

A personality type marked by outgoingness, sociability, and a tendency to seek stimulation from the external environment.

Social Media Habits

Patterns of behavior associated with the use and interaction on social media platforms.

Personality Research

The scientific study of individual differences in characteristic patterns of thinking, feeling, and behavior.