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NEW QUESTION 52
ABC. Inc. is a publicly traded, multi-national corporation. Which of the following statements is TRUE regarding the corporate governance requirements that ABC is subject to?

A. ABC is required to comply with G20/OECD Principles of Corporate GovernanceB. ABC is subject to the Universal Corporate Governance Act because it is a publicly traded corporation.C. ABC is not required to comply with any corporate governance requirements because it operates in multiple jurisdictionsD. ABC must comply with specific listing standards for the stock exchange(s) on which it is listed

Answer: D

 

NEW QUESTION 53
Which of the following is TRUE regarding the reporting of the fraud risk assessment results7

A. A fraud risk assessment report should reflect the assessment team's subjective perspective regarding the risks identifiedB. All of the aboveC. The fraud risk assessment report should contain a detailed, comprehensive list of every assessment findingD. The fraud risk assessment report should be delivered in a style most suited to the language of the business

Answer: B

 

NEW QUESTION 54
Employees should be kepi unaware that management is watching for lifestyle and behavior changes in staff members that might indicate fraud

A. TrueB. False

Answer: A

 

NEW QUESTION 55
Which of the following is FALSE regarding the process of defining the objective of the fraud risk management program?

A. Management should express risk appetite in a manner that is appropriate for and unique to the organization s culture and operations.B. Management must assign a quantitative measure to its risk appetite so that it can accurately measure the fraud risk management program s effectivenessC. Management should examine previous fraud occurrences to determine how the ideal fraud risk management program would have prevented them.D. Management must consider the total amount of fraud risk it is willing to accept when determining fraud risk management objectives

Answer: D

 

NEW QUESTION 56
According to behaviorists such as B F Skinner, which of the following scenarios is mostly likely to occur when an undesired behavior is punished?

A. The behavior will occur more frequently.B. The behavior will return when punishment ceasesC. The behavior will not be affected by the punishmentD. The behavior will be permanently suppressed

Answer: D

 

NEW QUESTION 57
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