Relative to internal controls,what is a primary risk of fraud in the client company?
A)The risk that management overrides controls.
B)The risk that management changes controls each year.
C)The risk that management carefully enforces and monitors controls.
D)The risk that the audit committee monitors controls.

Question

Quizplus · Accepted Answer

The primary risk of fraud in the client company is that management overrides controls, allowing for fraudulent activities to occur. This occurs when management intentionally bypasses established controls or allows others to commit fraud by not enforcing control requirements. The other choices may be important in promoting effective internal controls, but they do not directly address the risk of fraud.

Relative to Internal Controls,what Is a Primary Risk of Fraud