1. How does a businesss control environment impact fraud opportunities?

2. What three elements comprise the internal control environment and briefly describe each.

3. How is forensic accounting different from auditing? How is it similar?

4. Discuss an incidence of fraud and how each of the three components of the fraud triangle is involved or present in that fraud.

5. Name five control activities or procedures and provide two examples for each: one that describes a weak control and one that describes a strong control.