Auditors must consider whether there are any fraud risk factors present when they are obtaining an understanding of the entity and its environment. Which of the following is not considered a fraud factor?
A) incentives/pressures.
B) attitudes/rationalisation.
C) opportunities.
D) length of employment.

Question

Quizplus · Accepted Answer

Fraud risk factors typically include incentives/pressures that might lead someone to commit fraud, opportunities for fraud to be perpetrated, and attitudes/rationalization that allow individuals to justify fraudulent behavior. Length of employment is not considered a standard fraud risk factor in the context of assessing the risk of fraud.

Auditors Must Consider Whether There Are Any Fraud Risk Factors