The word to describe a business's susceptibility to fraud is known as:
A) Lack of a Control environment
B) Invigilation
C) Inherent risk
D) Internal Control Risk

Question

Quizplus · Accepted Answer

A: Control Environment includes the actions, policies, and procedures that reflect the overall attitudes of top management, the directors, and the owners about control and its importance to the entity.
B: Invigilation is imposing strict temporary controls so that, during the observation period, fraud is virtually impossible.
C: Correct
D: answer C is the correct answer.

The Word to Describe a Business's Susceptibility to Fraud Is