A weak control environment might allow top management to have the opportunity to commit fraud.

Question

Quizplus · Accepted Answer

A weak control environment creates opportunities for top management to override controls and commit fraudulent activities without being detected. When there is a lack of tone at the top, ineffective risk management, and inadequate monitoring, fraud perpetrators can take advantage of these weaknesses to carry out fraudulent acts. Therefore, it is essential to strengthen the control environment to prevent and detect fraud.

A Weak Control Environment Might Allow Top Management to Have