Which of the following is not a factor that relates to opportunities to commit fraudulent financial reporting?
A)Lack of controls related to the calculation and approval of accounting estimates
B)Ineffective oversight of financial reporting by the board of directors
C)Management's practice of making overly aggressive forecasts
D)High turnover of accounting, internal audit, and information technology staff

Question

Quizplus · Accepted Answer

Management's practice of making overly aggressive forecasts is more related to pressures or incentives to commit fraud rather than opportunities. Opportunities are typically related to weaknesses in controls or oversight.

Which of the Following Is Not a Factor That Relates