__________________ is an attempt to identify the fraud as early as possible, in contrast to the optimal situation in which the fraud is prevented or deterred.

A. Conducting an annual fraud risk assessment

B. Separation of duties

C. Effective fraud detection

D. Implementing internal controls that prevent collusion

____________ are part of the day-to-day operations of most organizations and are often observed by auditors.

A. Earnings management

B. Transaction adjustments

C. Risks

D. Anomalies

The starting point for the antifraud professional or forensic accountant is an attitude of ______________________.

A. Professional skepticism

B. Unbiased professionalism

C. Professional pessimism

D. Professional rigor