Which of the Following Is NOT a Source of Information

question 75

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 procedure results obtained during planning
• C) information obtained from communications among audit team members
• D) all of the above

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Definitions:

Resource Suppliers

Entities or individuals that provide the essential inputs required for the production of goods or services.

Allocation Of Resources

Allocation of resources refers to the process of distributing available resources among various competing needs and uses in an economy to maximize efficiency and welfare.

Public Interest

The welfare or well-being of the general public, often used as a guideline for determining policy related to law, governance, and community health.

Central Planners

Individuals or groups responsible for coordinating economic activities and decisions in a centrally planned economy.