Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Liam notices that there are no safeguards over company inventory and tells himself that the company is probably going to write the inventory off as

Liam notices that there are no safeguards over company inventory and tells himself that the company is probably going to write the inventory off as obsolete anyway. However, he doesn't really need the inventory. Because there is no ________, Liam is less likely to commit fraud.

A. rationalization
B. perceived pressure
C. internal controls
D. perceived opportunity

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_2

Step: 3

blur-text-image_3

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

Modern Management Control Systems Text And Cases

Authors: Kenneth A. Merchant

1st Edition

0135541557, 978-0135541555

More Books

Students also viewed these Accounting questions

Question

How did qualitative research methods emerge in psychology?

Answered: 1 week ago

Question

When is it appropriate to show grace toward others?

Answered: 1 week ago