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Author Question: Which of the following is the best reason for management to emphasize fraud prevention and deterrence? (Read 43 times)

kckanistras

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on: Aug 21, 2022

Question 1

Which of the following is not one of the elements to prevent, deter, and detect fraud according to the AICPA?
◦ performing analytical procedures
◦ culture of honesty and high ethics
◦ management's responsibility to evaluate risks of fraud
◦ audit committee oversight

Question 2

Which of the following is the best reason for management to emphasize fraud prevention and deterrence?
◦ It is often more effective and economical for companies to focus on fraud prevention and deterrence rather than on fraud detection.
◦ Collusion is impossible to detect.
◦ The AICPA requires management to implement a fraud prevention program.
◦ All of these are equally valid reasons.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by kckanistras on Aug 21, 2022

ladan86

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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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kckanistras

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

Alyson.hiatt@yahoo.com

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Reply 3 on: Yesterday
Gracias!

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