In Comparing Management Fraud with Employee Fraud, the Auditor's Responsibility

Multiple Choice

In comparing management fraud with employee fraud, the auditor's responsibility to discover the fraud is:

A) greater for employee fraud because of the larger number of employees in the organisation.
B) the same for both management and employee fraud.
C) greater for management fraud because of management's ability to override existing internal controls.
D) greater for management fraud because managers are inherently smarter than employees.