Which of the following is not an essential area of fraud considerations assessed by the auditors?
A) Assessing the possibility of fraud
B) Whether management deliberatively committed fraud
C) Identifying risks of fraud
D) Evaluating the characteristics of fraud

Question

Quizplus · Accepted Answer

While auditors may assess whether fraud was committed, it is not their role to determine whether management did so intentionally or deliberately. Auditors primarily focus on assessing the possibility of fraud, identifying risks of fraud, and evaluating the characteristics of fraud.

Which of the Following Is Not an Essential Area of Fraud