Week 7 Flashcards

1
Q

Expectation gap

A

Difference between what the general public expects from auditing and what a financial audit actually involves

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2
Q

Fraud

A

An intentional act by one or more individuals involving the use of deception to obtain an unjust or illegal advantage

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3
Q

Motivation

A

Some kind of pressure a person experiences and believes to be unshakeable with frienfs and confidants

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4
Q

Opportunity

A

Open door for solving the unshareavle problem by violating a trust

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5
Q

Rationalization

A

Provides an argument to make the action seem like it is line with their moral and ethical beliefs

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