When Assessing the Risk of Fraud, an Auditor Can Consider

question 9

Multiple Choice

When assessing the risk of fraud, an auditor can consider:

• A) Attitudes and rationalisation to justify a fraud
• B) Incentives and pressures to commit fraud
• C) Opportunities to perpetuate a fraud
• D) All of the above

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Definitions:

Exploration

A thorough investigation or study of new areas, information, or ideas.

Skills

The abilities and expertise acquired through training or experience that allow for effective performance in a specific task or job.

Next Level

A term often used to describe an advancement or significant improvement surpassing current standards or achievements.

Social Media

Online platforms and technologies that facilitate the sharing of ideas, interests, and other forms of expression through virtual communities and networks.