Which of the following is a lifestyle symptom associated with revenue-related fraud?
A) Too little cash is collected relative to reported revenues
B) Weaknesses in the cutoff processes or other key accounting processes
C) Untrue responses by management to queries about revenue-related accounts
D) Executives' personal net worth tied up in company stock

Question

Quizplus · Accepted Answer

Executives whose personal net worth is significantly tied up in company stock may have a strong incentive to engage in revenue-related fraud to inflate the stock price and, by extension, their personal wealth. This can be considered a lifestyle symptom as it reflects the personal financial situation and motivations of the executives involved.

Which of the Following Is a Lifestyle Symptom Associated with Revenue-Related