It is possible that management may have programs designed to deter, prevent, and to detect fraud. Auditor should therefore consider whether such antifraud programs mitigate the risk of material misstatement due to fraud.

Question

Quizplus · Accepted Answer

Management may have antifraud programs in place, and auditor should consider whether they can help mitigate the risk of material misstatement due to fraud.

It Is Possible That Management May Have Programs Designed to Deter