Which of the following is NOT a source of information used to assess fraud risk?
A) responses to auditor inquiries of management about their views of the risks of fraud
B) analytical procedure results obtained during planning
C) information obtained from communications among audit team members
D) all of the above
Correct Answer:
Verified
Q1: Which of the following elements is NOT
Q2: The risk of fraudulent financial reporting is
Q3: Which of the following is a condition
Q5: Professional scepticism means the auditor:
A) makes a
Q6: Most cases of fraudulent financial reporting involve:
A)
Q7: The audit team should conduct discussions to
Q8: Misappropriation of assets is perpetrated by:
A) employees.
B)
Q9: What does a company hope to achieve
Q10: Fraud is more prevalent in smaller businesses
Q11: Personal financial obligations create a risk factor
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