Which of the following are most often involved in perpetrating fraud in financial statement reporting?
A)The auditors and the attorneys.
B)The audit committee members.
C)The chief executive and chief financial officers.
D)The accounts payable clerks.

Question

Quizplus · Accepted Answer

The chief executive and chief financial officers are the ones most often involved in perpetrating fraud in financial statement reporting, as they have the greatest access and control over financial information and decision-making. Auditors, attorneys, and audit committee members are typically external parties who work to prevent and detect fraud, rather than perpetrate it. Accounts payable clerks may be involved in fraud, but are not typically the primary perpetrators in financial statement reporting fraud.

Which of the Following Are Most Often Involved in Perpetrating