IIA-CGAP practice question 17 of 35

All of the following are the examples management’s red flags EXCEPT:

Full set: 327 questions
Answer options
A: Excessive number of year-end transactions (particularly if backed out in the next period).
B: Unexpected overdrafts or declines in cash balance.
C: Reluctance to provide information to auditors.
D: High employee turnover, especially in areas that are more vulnerable to fraud. Correct answer
Correct Answer:
D. High employee turnover, especially in areas that are more vulnerable to fraud.
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