Asked by shivangi thakur on Jul 21, 2024
Verified
Which of the following is not one of the main factors that contribute to fraudulent activity?
A) Opportunity.
B) Incompatible duties.
C) Financial Pressure.
D) Rationalization.
Fraudulent Activity
Deliberate deception to secure unfair or unlawful gain, often involving financial transactions.
Incompatible Duties
Tasks within an organization that are separated to prevent fraud or error, ensuring no individual has control over all aspects of a transaction.
Financial Pressure
The stress or strain on a company's cash flow and finances, potentially affecting its operational capability.
- Understand the consequences of particular internal control strategies on protecting assets and verifying the preciseness of accounting entries.
Verified Answer
Learning Objectives
- Understand the consequences of particular internal control strategies on protecting assets and verifying the preciseness of accounting entries.
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