32. When deciding whether to investigate, which of the following factors should an organization not consider? a. Possibie cost of the investigation b. Perceived strength of the predication c. Possible public exposure resulting because of inyestigation d. All of the above should be considered e. None of the above should be considered Why must financial institutions file large currency transaction reports? a. So bank auditors can ensure that there is no fraud within the bank b. So that the IRS can ensure proper taxes are paid c. To help provide the link bebween the movement of money and peopie who suppled i d. To heip fraud investigators perform their ratio analysis e. None of the above , An entity's financial statements were misstaled over a period of years because large amounts of revenue were recorded in journal entries that involved debits and credits to an logical combination of accounts. The auditor could most fikely have been alerted to this fraud by a. Scanning the general journal for unusual entries b. Perioming a revenue cutoff test at year-end c. Tracing a sample of journal entries to the general ledger d. Examining documentary evidence of sales returns and aliowances recorded after year-end None of the above e. lly present in the d occurs. Those Three conditions are client's organization when conditions include each of the following except a(n) A. Incentve or pressure to commit fraud. B. Professional skepticism about the likelihood of fraud C. Opportunity to commit fraud. D. Attitude or rationalization about the act of fraud. 36 Which of the following circumstances most likely will cause an auditor to consider whether material misstatements due to fraud exist in an entity's financial statements? A. B. C. D. Management places little emphasis on meeting earnings projections of external parties. The board of directors oversees the financial reporting process and internal control. Control deficiencies previously communicated to management are not corrected Transactions selected for testing are not supported by proper documentation