Brainstorming about the manner in which fraud may be committed should include all of the following except
A)Consider factors that might affect management motivation to misstate the financial statements
B)Consider weaknesses in internal control that would allow a fraud to take place
C)Consider the materiality of the individual account balances for substantive testing
D)Consider factors that may enable an individual capable of committing a fraud to rationalize perpetrating it

Question

Quizplus · Accepted Answer

Consideration of materiality of individual account balances is important for planning substantive testing, but it is not directly related to brainstorming about the manner in which fraud may be committed. The other options listed are relevant to identifying potential fraud schemes.

Brainstorming About the Manner in Which Fraud May Be Committed