IIA
IIA-CIA-PART1 · Question #88
IIA-CIA-PART1 Question #88: Real Exam Question with Answer & Explanation
The correct answer is B. During the past 18 months three chief financial officers have left the organization after having. See the full explanation below for the reasoning.
Question
Which of the following scenarios provides the most concerning red flag or indicator of possible fraud?
Options
- AAn employee receives a bonus for perfect attendance
- BDuring the past 18 months three chief financial officers have left the organization after having
- CThe organization does not perform any due diligence research on third party service providers
- DThree competitors are highly profitable but a fourth equal in size is approaching bankruptcy limits
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