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npeelman npeelman
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6 years ago
Fraud risk factors are examples of factors that increase the risk of fraud. Which of the following is an example of a management "opportunities" risk factor?
A) The company has lost a major account and income is falling.
B) Two major competitors have gone bankrupt as margins decline in the industry.
C) The chief executive officer owns forty percent of the outstanding share capital.
D) New accounting standards provide three different methods for valuing financial instruments.
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Auditing: The Art and Science of Assurance Engagements, Canadian Edition

Auditing: The Art and Science of Assurance Engagements, Canadian Edition


Edition: 12th
Authors:
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charleshardtcharleshardt
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6 years ago
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npeelman Author
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5 years ago
Badd ass Thanks
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