The first task to understanding how fraud can be perpetrated in a company is to:
A) Determine how each transaction could be misstated
B) Evaluate the integrity of management
C) Analyze and diagram the various transactions between an organization and its customers.
D) Interview employees throughout the company

Question

Quizplus · Accepted Answer

A: Incorrect; this is the second step.
B: Incorrect
C: Correct; this is the first step to understanding potential fraud risks in a company
D: Incorrect

The First Task to Understanding How Fraud Can Be Perpetrated