Which of the Following Statements Is Accurate About "Fraud Risk

Multiple Choice

Which of the following statements is accurate about "fraud risk factors" considered when conducting an audit?

A) If the factors are present,it indicates that fraud exists.
B) The factors often have been observed in circumstances where frauds have occurred.
C) The factors will require modification to planned audit procedures.
D) The factors obtained during the audit will lead to required communications with the audit committee.