Which of the Following Is Not a Fraud Risk Factor

question 64

Multiple Choice

Which of the following is not a fraud risk factor?

• A) Is there adequate reward for fraud?
• B) Is there ample opportunity for fraud?
• C) Is there a company culture for a high tolerance of risk?
• D) Is management focused on short-term results or personal gain?

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Definitions:

Income Protection

An insurance policy that provides financial support to individuals if they are unable to work due to illness or injury, ensuring a continuation of earnings.

Scientific Management

A theory of management that analyzes and synthesizes workflows, aiming to improve economic efficiency and labor productivity through systematic study.

Mass Production

A manufacturing technique that involves producing large quantities of standardized products, often on assembly lines.

Human Resource Management

The strategic approach to the effective management of people in an organization, focusing on policies and systems to maximize employee performance.