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Author Question: In comparing management fraud with employee fraud, the auditor's risk of failing to discover the fraud is (Read 40 times)

tspaw0811

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on: Aug 21, 2022

Question 1

If there is collusion among management, the chance a normal audit would uncover such acts is
◦ very low.
◦ very high.
◦ zero.
◦ None of these.

Question 2

In comparing management fraud with employee fraud, the auditor's risk of failing to discover the fraud is
◦ greater for management fraud because managers are inherently more deceptive than employees.
◦ greater for management fraud because of management's ability to override existing internal controls.
◦ greater for employee fraud because of the higher crime rate among blue collar workers.
◦ greater for employee fraud because of the larger number of employees in the organization.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by tspaw0811 on Aug 21, 2022

AarionnaH

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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tspaw0811

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Reply 2 on: Aug 21, 2022
Thanks for the timely response, appreciate it

LVPMS

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Reply 3 on: Yesterday
Excellent

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