Red flags that auditors can use to alert them to the possibility that a fraud may have occurred include:
A)A high turnover of key employees.
B)Strong internal controls.
C)Routine transactions.
D)Effective internal auditing staff.

Question

Quizplus · Accepted Answer

A high turnover of key employees can indicate a potentially hostile work environment or indicate employee dissatisfaction, both of which can increase the likelihood of fraud. Strong internal controls, routine transactions, and effective internal auditing staff can all help prevent fraud, but are not necessarily red flags for potential fraud.

Red Flags That Auditors Can Use to Alert Them to the Possibility