Which of the following is true with respect to fraud risk factors in a computerized environment?
A) Employees in a computerized environment are highly skilled.
B) Audit teams cannot evaluate the computerized processing system during the year.
C) Higher dollar amounts are involved in a computerized environment.
D) Employees have increased access to processing systems and computer resources in a computerized environment.

Question

Quizplus · Accepted Answer

In a computerized environment, employees often have increased access to processing systems and computer resources, which can increase the risk of fraud. This is because there may be fewer physical controls in place to restrict access to data or systems, and potentially sophisticated computer skills may be required to perpetrate fraud. Options A and C are not necessarily true in all cases, and option B is not accurate as audit teams are able to evaluate computerized processing systems throughout the year.

Which of the Following Is True with Respect to Fraud