Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In order for internal auditors to be able to recognize potential fraud, they must be aware of the basic characteristics of fraud. Which of the

In order for internal auditors to be able to recognize potential fraud, they must be aware of the basic characteristics of fraud. Which of the following is a characteristic of fraud?

1. Unintentional deception.

2. Taking unfair or dishonest advantage of uninformed individuals.

3.Lack of training.

4.Negligence on the part of executive management.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Accounting Foundations And Evolutions

Authors: Amie Dragoo, Michael Kinney, Cecily Raiborn

10th Edition

1618533533, 9781618533531

More Books

Students also viewed these Accounting questions