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NEW QUESTION 44
Which of the following is TRUE regarding the reporting of the fraud risk assessment results7

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

Answer: C

 

NEW QUESTION 45
Which of the following is TRUE regarding government auditors' responsibilities to report evidence of potential fraud uncovered during an audit of a public-sector organization's financial statements?

A. Government auditors are legally prohibited from reporting evidence of potential fraud to any parties outside the organization being audited.B. Government auditors' reporting requirements pertaining to fraud are substantially the same as those for external auditors in the private sector.C. All government auditors maintain the same requirements for reporting evidence of potential fraud uncovered during a public-sector financial statement audit.D. The requirements for government auditors to report evidence of potential fraud depend on the jurisdiction and the specific audit mandate.

Answer: D

 

NEW QUESTION 46
Which of the following theories suggests that, when considering the possibility of violating a law. people are likely to ask themselves. "What would my family and friends think if they find out?

A. Social control theoryB. Routine activities theoryC. Behavioral theoryD. Cognitive theory

Answer: A

 

NEW QUESTION 47
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