Which of the following factors should be considered when selecting a sponsor for the fraud risk assessment?
A) Seniority
B) Independence
C) Ability to elicit cooperation
D) All of the above

Question

Quizplus · Accepted Answer

All of the factors listed (seniority, independence, ability to elicit cooperation) are important in selecting a sponsor for the fraud risk assessment. Seniority can provide the sponsor with the necessary authority to ensure the assessment is thorough and effective, while independence helps ensure an unbiased assessment. The ability to elicit cooperation is important because the sponsor will need to work with various departments and personnel throughout the organization in order to conduct an accurate assessment.

Which of the Following Factors Should Be Considered When Selecting