The presence of fraud symptoms should cause a fraud examiner to do which of the following?
A) Refuse to complete the audit
B) Report the fraud to the SEC
C) Call a press conference to detail the findings
D) Launch an investigation

Question

Quizplus · Accepted Answer

The presence of fraud symptoms should trigger the fraud examiner to launch an investigation to gather evidence and determine if fraud has actually occurred. Refusing to complete the audit may leave the fraud undetected, reporting to the SEC or calling a press conference would be premature without first verifying the existence of fraud through an investigation.

The Presence of Fraud Symptoms Should Cause a Fraud Examiner