Factors That May Influence the Extent of Fraud Discussion Among

question 61

Multiple Choice

Factors that may influence the extent of fraud discussion among audit team members include

• A)if there is an ongoing fraud investigation,the subject should be avoided
• B)any frauds reported by management should be excluded from the discussion
• C)the auditor may also consider whether the specialists assigned to the audit team should be included in the discussions
• D)if the audit involves the corporate headquarters,corporate counsel should be invited
• E)if the audit involves more than one location,there may be multiple fraud discussions
• F)both A and B
• G)both B and C
• H)Both C and E

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Definitions:

Neander Valley

A valley in Germany where the first identified Neanderthal fossils were discovered, lending the name to the Neanderthal species.

Fossils

Remains or impressions of ancient organisms preserved in rock, amber, or by petrification, providing evidence of past life on Earth.

U-shaped Arrangement

A specific spatial organization where objects, cells, or structures form the shape of the letter "U", often found in anatomical structures or architectural designs.

Teeth

Hard, calcified structures in the mouths of many animals, including humans, used for biting, tearing, and grinding food.