Which of the Following Is a Factor That Relates to "Attitudes

question 32

Multiple Choice

Which of the following is a factor that relates to "attitudes or rationalization" to commit fraudulent financial reporting?

• A)significant accounting estimates involving subjective judgments
• B)excessive pressure for management to meet debt repayment requirements
• C)management's practice of making overly aggressive forecasts
• D)high turnover of accounting,internal audit,and information technology staff

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Definitions:

Progressive Income Tax

A tax system where the tax rate increases as the taxable amount of an individual's or entity's income increases, aiming to redistribute income more equally.

Efficiency

The degree to which an entity optimizes the use of its resources to achieve its objectives, minimizing waste and maximizing output.

Equality

Refers to the state or quality of being equal, especially in status, rights, or opportunities.

Redistributes Income

The process by which government policies, taxation, and public spending aim to adjust the allocation of income across a society.