Podcast
Questions and Answers
What are the three prerequisites required for fraud to occur?
What are the three prerequisites required for fraud to occur?
dishonesty, opportunity, and motivation
What is the primary factor that relates to a lack of integrity or honesty in the context of fraud?
What is the primary factor that relates to a lack of integrity or honesty in the context of fraud?
dishonesty
What is the purpose of internal controls in the context of fraud prevention?
What is the purpose of internal controls in the context of fraud prevention?
to prevent opportunities for fraud to occur
What is the risk associated with a complex corporate structure?
What is the risk associated with a complex corporate structure?
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What is the potential impact of poor staff morale on the likelihood of fraud?
What is the potential impact of poor staff morale on the likelihood of fraud?
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What is the potential indicator of fraudulent activities regarding an employee's leave or holidays?
What is the potential indicator of fraudulent activities regarding an employee's leave or holidays?
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What is the potential indicator of fraudulent activities regarding an employee's lifestyle?
What is the potential indicator of fraudulent activities regarding an employee's lifestyle?
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What is the potential risk associated with management domination by one person or a small group of people?
What is the potential risk associated with management domination by one person or a small group of people?
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What are the three elements that are typically required for fraud to occur: dishonesty, opportunity, and what else?
What are the three elements that are typically required for fraud to occur: dishonesty, opportunity, and what else?
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What is the ultimate responsibility for deciding whether fraud has occurred?
What is the ultimate responsibility for deciding whether fraud has occurred?
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