Week 7 Flashcards
1
Q
Expectation gap
A
Difference between what the general public expects from auditing and what a financial audit actually involves
2
Q
Fraud
A
An intentional act by one or more individuals involving the use of deception to obtain an unjust or illegal advantage
3
Q
Motivation
A
Some kind of pressure a person experiences and believes to be unshakeable with frienfs and confidants
4
Q
Opportunity
A
Open door for solving the unshareavle problem by violating a trust
5
Q
Rationalization
A
Provides an argument to make the action seem like it is line with their moral and ethical beliefs