The fraud discussion may include the following elements
A) a discussion of management's involvement in supervising employees with access to cash or other assets susceptible to misappropriation
B) a consideration of unusual or unexplained changes in the behavior or lifestyle of employees that have come to the attention of management
C) a consideration of the types of evidence that might indicate the possibility of fraud
D) a discussion of how an element of predictability will be built into the nature,timing,and extent of audit procedures
E) a discussion of any allegations of fraud that have come to the attention of the auditor
F) both A and B
G) both B and C
H) Both A and E
Correct Answer:
Verified
Q82: Maintaining an attitude of professional skepticism requires
A)a
Q83: The auditor's job is to believe statements
Q84: The auditor is required to document in
Q85: An estimation transaction involves
A)a decision by management
Q86: Factors that may influence the extent of
Q88: Fraudulent journal entries often have unique characteristics.These
Q89: The fraud discussion may include the following
Q90: The auditor's assessment of fraud is part
Q91: Auditors are required to audit the revenue
Q92: Fraudulent journal entries often have unique characteristics.These
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents