Which of the following is not likely to be a fraud risk factor relating to management characteristics?
A. Tax evasion.
B. Failure to correct known weakness in internal control system.
C. Adoption of conservative accounting principles.
D. High management turnover.
Answer:C
Which of the following is not likely to be a fraud risk factor relating to management characteristics?
A. Tax evasion. B. Failure to correct known weakness in internal control system. C. Adoption of conservative accounting principles. D. High management turnover.