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Answer: B
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B. It is the responsibility of the external auditors to detect fraud
C. It is the responsibility of the internal auditors to detect fraud
D. It is the responsibility of the management to detect fraud
Answer: C
NEW QUESTION: 3
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Answer: B
NEW QUESTION: 4
Quantitative risk analysis is MOST appropriate when assessment data:
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B. do not contain specific details.
C. contain subjective information.
D. contain percentage estimates.
Answer: D
Explanation:
Explanation
Percentage estimates are characteristic of quantitative risk analysis. Customer perceptions, lack of specific details or subjective information lend themselves more to qualitative risk analysis.
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