The presence of fraud risk factors increases the likelihood of fraud and may suggest that fraud is being perpetrated.

Name: The presence of fraud risk factors increases the likelihood of fraud and may suggest that fraud is being perpetrated.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Fraud risk factors are indicators that suggest the presence of fraud. The more fraud risk factors that are present, the higher the likelihood that fraud is occurring. Therefore, the presence of fraud risk factors does increase the likelihood of fraud.

The Presence of Fraud Risk Factors Increases the Likelihood of Fraud