Question: Professional standards recognize there is a possibility that management may override internal controls. (a) Provide an example where management override occurred in the Cendant fraud.

Professional standards recognize there is a possibility that management may override internal controls.
(a) Provide an example where management override occurred in the Cendant fraud.
(b) What are the required auditor responses to further address the risk of management override of internal controls?

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a The Cendant case includes several examples of management override of internal control Some of th... View full answer

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