Each of the following is an example of an inadequate control environment EXCEPT:
A) The HR department failed to check an applicant's background and hired someone who had committed fraud in the past.
B) A manager instructs employees not to share passwords,and then shares her passwords with others.
C) A company does not establish codes of conduct and does not have training meetings to teach employees to distinguish between acceptable and unacceptable behavior.
D) The employees know who has responsibility for each business activity.
Correct Answer:
Verified
Q1: An effective accounting system is designed to
Q2: An employee who has the responsibilities of
Q3: require(s) every public company to have a
Q4: Which of the following statements about accounting
Q7: Which of the following is NOT a
Q8: Greed,living beyond one's means and high bills
Q9: The fraud triangle includes all of the
Q11: Which is following observations is TRUE?
A)Research shows
Q17: When management fraud occurs, companies usually:
A) overstate
Q18: Which of the following is NOT an
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents