Presented below statements of a client that are considered to be fraud risk factors. Indicat fraud risk factor as: are ten conditions noted by an external auditor during the audit of the financial e the classification of the (2 points each 20 points) Incentives/Pressures Opportunities . Attitudes/Rationalizations Classification Fraud Risk Factor Significant related-party transaction outside the normal course of business Promotions and compensation inconsistent with management expectations In uanbies (Persores 2. 3Significant bank accounts in tax-haven jurisdictions for which there is not apparent business justification ngncial yhhdes/Poto Excessive interest by management in meeting financial targets and maintaining stock price 4. Management dominated by an individual with significant financial interest in the entity 5. Management refuses to give the auditor permission to perform standard audit procedures Ineffective oversight of management relative to the design, implementation and maintenance of internal controls 7. Declining profits and operating cash flows have created the need for the entity to seek new financing Failure by management to address known significant deficiencies in internal controls over financial reporting 9. New accounting standards that are highly-complex and require significant judgments must be implemented 10