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Red flags that auditors can use to alert them to the possibility that a fraud mayhave occurred include:Select one:a. A high turnover of key employeesb. Routine transactionsc. Effective internal auditing staffd. Strong internal controlsWhich of the following is not an example of a risk when a client installs a new IT system?Select one:Which of the following is an example of a misappropriation of assets fraud?Select one:The purchase of a new 'off the shelf' program reduces the risks as;Select one:Which of the following statements regarding the level of demand for the goodssold or services provided by companies is correct?Select one:a. If a client's products or services are seasonal, this will affect revenue flow
b. When a product or process is subject to technological change, there is never a risk that the client will be left behind by its competitorsc. If a client operates in an industry subject to changing trends, the client doesnot risk inventory obsolescenced. If a client's products or services are seasonal, this will not affect revenue