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An Example of a Fraud Risk Factor Describing Incentives/pressures Is

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An example of a fraud risk factor describing incentives/pressures is "ineffective board of director oversight over financial reporting."


Definitions:

Reinforcement

In psychology, a process that increases the likelihood of a behavior by adding or removing stimuli following the behavior.

Superego

In psychoanalytic theory, the part of a person's mind that acts as a self-critical conscience, reflecting social standards learned from parents and teachers.

Overcompensating

Making up for a deficiency or failure in one area by exerting extra effort or demonstrating excessive behavior in another area.

Social Cognitive Theory

A theory suggesting that people learn through observation, imitation, and modeling, incorporating the effects of behavior, environment, and cognition.

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