It Is Possible That Management May Have Programs Designed to Deter

question 110

True/False

It is possible that management may have programs designed to deter, prevent, and to detect fraud. Auditor should therefore consider whether such antifraud programs mitigate the risk of material misstatement due to fraud.

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Definitions:

Skill Inventories

Comprehensive lists or databases of employees' skills, qualifications, and experiences used by organizations for talent management and development.

Human Resources Planning

The process of forecasting an organization's future human resource needs and developing strategies for fulfilling those needs, including hiring, training, and structuring.

Recruitment And Selection

The process of identifying, attracting, interviewing, selecting, and hiring employees.

Strategic Plan

A forward-looking document that outlines an organization's vision, mission, goals, and the strategies it will use to achieve them.