In which stage do auditors have a good chance of detecting fraud, if the audit samples include altered documents and miscounts?
A) Theft act
B) Concealment
C) Conversion
D) Layering

Question

Quizplus · Accepted Answer

During the concealment stage, fraudsters attempt to hide their fraudulent activities, often through altered documents and miscounts. Auditors, by examining these documents and counts, have a good opportunity to detect the fraud.

In Which Stage Do Auditors Have a Good Chance of Detecting