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NEW QUESTION 43
Jenny is a highly respected employee at XYZ Corp Her husbands gambling addiction has caused them to have a significant amount of debt Jenny begins stealing money from the company to cover her husbands gambling losses. This situation best illustrates which leg of the Fraud Triangle?

• A. Perceived acquiescence
• B. Perceived opportunity
• C. Perceived non-shareable financial need
• D. Rationalization

Answer: C

NEW QUESTION 44
Which of the following Is one of the recommendations made by the National Commission on Fraudulent Financial Reporting (the Treadway Commission) to reduce the probability of fraud in financial reports?

• A. Give shareholders oversight of hotline reporting programs
• B. Have adequate compensation committee resources and authority
• C. Develop a written charter for management
• D. Have a mandatory independent audit committee

Answer: D

NEW QUESTION 45
According to behaviorists such as B F Skinner, which of the following scenarios is mostly likely to occur when an undesired behavior is punished?

• A. The behavior will occur more frequently.
• B. The behavior will return when punishment ceases
• C. The behavior will not be affected by the punishment
• D. The behavior will be permanently suppressed

Answer: D

NEW QUESTION 46
Effective risk management involves balancing which of the following?

• A. The organization s internal controls and its financial goals
• B. The organization s risk appetite and its ability to meet its objectives
• C. The organization s financial reporting model and its risk tolerance
• D. The organization s regulatory requirements and its available resources

Answer: D

NEW QUESTION 47
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