Multiple Choice
Fraud risk factors are examples of factors that increase the risk of fraud.Which of the following is an example of a management "incentives or pressures" risk factor?
A) Customer demand for a new product line was significantly less than expected.
B) Management and the auditors disagree on how to value a large contract in progress.
C) There is only one board member who understands financial statements and she has suffered a heart attack.
D) There has been significant turnover in the accounting department in the last year.
Correct Answer:
Verified
Correct Answer:
Verified
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