The Auditor's Assessment of Fraud Is Part of His Assessment

question 46

Multiple Choice

The auditor's assessment of fraud is part of his assessment of the risk of material misstatement.If the risk of fraud is high,

• A)the auditor may obtain evidence that is more relevant
• B)the auditor may obtain additional evidence from individuals who might be involved in the fraud
• C)the auditor may obtain evidence that is more reliable
• D)the auditor may obtain evidence that is more accurate
• E)the auditor may obtain evidence from independent sources
• F)both A and B
• G)both A and C
• H)Both C and E

---

Definitions:

Performance Evaluations

A systematic process by which an employee's job performance is assessed, typically annually, to determine the effectiveness and guide decisions on promotions, rewards, and development needs.

Administrative Purposes

Activities or tasks carried out to manage the operations of an organization, including record keeping, planning, and organizing.

Personnel Decisions

Actions relating to the management and direction of employees within an organization, including hiring, promotion, and termination.

Training Needs

The identification of gaps in workforce competencies that, when addressed through training, can improve individual and organizational performance.