SSION QUESTIONS AND PROBLEMS 9.18 (Objective 1-2) During audit planning an auditor obtained the following informis 1. The company's financial stability or profitability is threatened by economic, int trial or its operating conditions. 2. There is excessive pressure on management to meet debt repayment requireme 3. The company's board of directors' personal net worth is materially threatened by financial performance important accounting estimates involve subjective judgments or uncertains are difficult to verify 5. The audit committee overlooks certain aspects of financial reporting 6. The company experiences high turnover in its information technology sufland ternal audit function. 7. There is ineffective communication and therefore insufficient support of the pany's values 8. There have been several incidents of violations of security laws and other regulasie 9. The management makes unrealistic or certy optimistic forecasts to analyses como toes, and other third parties a. Indicate whether the information indicates an increased risk forfraad b. If the information indicates an increased risk of fraud, indicate which condition incentives pressures opportunities, or attitudes rationalizace indicated in the past SSION QUESTIONS AND PROBLEMS 9.18 (Objective 1-2) During audit planning an auditor obtained the following informis 1. The company's financial stability or profitability is threatened by economic, int trial or its operating conditions. 2. There is excessive pressure on management to meet debt repayment requireme 3. The company's board of directors' personal net worth is materially threatened by financial performance important accounting estimates involve subjective judgments or uncertains are difficult to verify 5. The audit committee overlooks certain aspects of financial reporting 6. The company experiences high turnover in its information technology sufland ternal audit function. 7. There is ineffective communication and therefore insufficient support of the pany's values 8. There have been several incidents of violations of security laws and other regulasie 9. The management makes unrealistic or certy optimistic forecasts to analyses como toes, and other third parties a. Indicate whether the information indicates an increased risk forfraad b. If the information indicates an increased risk of fraud, indicate which condition incentives pressures opportunities, or attitudes rationalizace indicated in the past