Which of the following factors enhances a fraud risk assessment?
A) Collaboration between management and auditors
B) Independence and objectivity of those leading and conducting the work
C) Inclusion of people's perceptions at all levels of the organization
D) All of the above

Question

Quizplus · Accepted Answer

All of the factors listed enhance a fraud risk assessment. Collaboration between management and auditors ensures that all relevant information is considered, while independence and objectivity of the team conducting the assessment is necessary to ensure unbiased conclusions. Inclusion of people's perceptions at all levels of the organization helps to identify potential risks that may not be apparent from an outside perspective.

Which of the Following Factors Enhances a Fraud Risk Assessment