Which of the following are examples of fraud risk factors?
A)Incentives and pressures to commit a fraud,
B)Opportunities to perpetrate a fraud
C)Attitudes and rationalizations used to justify committing fraud
D)Auditors working without the client's previous year records

Question

Quizplus · Accepted Answer

Incentives and pressures, opportunities, and attitudes and rationalizations are all recognized fraud risk factors according to auditing standards. The lack of previous year records by the client is not necessarily a fraud risk factor, although it could make the audit more difficult.

Which of the Following Are Examples of Fraud Risk Factors