What Is the Most Important Factor Affecting the Risk of Management

question 34

Multiple Choice

What is the most important factor affecting the risk of management fraud?

• A)Lack of integrity.
• B)Lack of internal controls
• C)Lack of board of director involvement in organization.
• D)Lack of audited financial statements.

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Definitions:

Millennial Employees

Individuals born approximately between 1981 and 1996, considered to be the workforce segment with distinct values and work preferences.

Hierarchical Networks

Organized systems or structures where entities are ranked one above the other according to their level of authority or importance.

Lateral Networks

Informal communication channels within an organization that run across different departments or units, enhancing collaboration and information sharing.

Deference Norms

Social rules that dictate the showing of respect and submission to those in higher authority or status.