The Fraud Discussion May Include the Following Elements

question 10

Multiple Choice

The fraud discussion may include the following elements

• A)a discussion of auditor's involvement in supervising employees with access to cash or other assets susceptible to misappropriation
• B)a consideration of unusual or unexplained changes in the behavior or lifestyle of employees that have come to the attention of management
• C)a consideration of the types of circumstances that might indicate the possibility of fraud
• D)a discussion of how an element of unpredictability will be built into the nature,timing,and extent of audit procedures
• E)a discussion of any allegations of fraud that have come to the attention of management
• F)both A and B
• G)both C and D
• H)both C and E

---

Definitions:

Entrepreneurial Ventures

Businesses started by entrepreneurs aimed at seeking, developing, and validating a scalable business model.

Intensely Focused

The state of being highly concentrated on a particular task, project, or goal with significant dedication and attention.

Positive Emotions

Feelings that evoke a sense of satisfaction or happiness in an individual, such as joy, gratitude, and contentment.

General Self-efficacy Scale

A psychological assessment tool designed to measure an individual's belief in their ability to successfully accomplish tasks and overcome obstacles.