Which of the following is true of the fraud scale?
A) Fraud is more likely to occur when there is high pressure, greater opportunity, and low personal integrity.
B) Fraud is more likely to occur when there is low pressure, lesser opportunity, and low personal integrity.
C) Fraud is more likely to occur when there is high pressure, lesser opportunity, and low personal integrity.
D) Fraud is more likely to occur when there is low pressure, greater opportunity, and low personal integrity.
A
Explanation: A) Fraud is more likely to occur when there is high (low) pressure, greater (less) opportunity, and low (high) personal integrity.
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A frequency distribution that depends on two sets of degrees of freedom is called a(n) ________
A) p distribution B) t distribution C) F distribution D) z distribution E) chi-square distribution
Which of the choices below best describes a risk-based audit approach?
A) A four-step approach to internal control evaluation. B) A three-step approach to internal control evaluation. C) A four-step approach to financial statement review and recommendations. D) A three-step approach to financial statement review and recommendations.