Accounting Ethics MGMT 590000 – Spring 2017 Cooking the BooksWhat Every Accountant Should Know About Fraud Content Review Write-UpIn your Exam Book, please BRIEFLY answer the following questions using a written paragraph or bulleted list type of response, as applicable.1.Financial statement fraud can be committed by anyone who has the ______________ and _______________ to omit or misstate financial statement data in furtherance of their particular purpose.2.What 4 basic elements of fraud must be present to sustain a fraud conviction?3.What is financial statement fraud?4.Financial statement fraud usually involves:5.The most common reasons why financial statement fraud is committed are to:6.Other common reasons why financial statement fraud is committed include:7.The 3 components that make up the fraud triangle are:8.Examples of situational pressure include:9.A perceived opportunity to _________ and _________ a dishonest act must exist for financial statement fraud to occur.10._________________________ provide the opportunity for executives and others to cook the books. 1 ANALYTICAL INSIGHT,
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