Question: D Question 7 1 pts What is one tactic that management professionals, including management accountants, can use to help offset the fraud triangle risk of

D Question 7 1 pts What is one tactic that management professionals, including management accountants, can use to help offset the fraud triangle risk of opportunity for fraudulent entries occurring? Installing an ethics hotline and online portal will directly help reduce the risk of unethical opportunities within the organization. Mandating a corporate code of ethics be put into place at the organization, and that employees be mandated to agree to this policy, will lower the opportunity for fraud. One tactic that can be used is the implementation of a mandatory vacation policy, which allows other employees to check and verify the work of others. Installing a mandatory ethics training program, for both frontline and back office employees, is one tactic to be used to reduce opportunities for fraud. D Question 8 1 pts After acknowledging that an unethical activity may have occurred at the organization, are there resources available for management accounting professionals to analyze or examine? No, while accounting professionals receive continuing education and other credits, ethics are not normally a component of these practices. Most, if not all, accounting organizations, provide ethics and ethical training information to member employees. Whenever there is an ethical issue, or potential issue in an organization, employees should always consult external legal resources. To fulfill the ethical requirements of a professional organization, management accountants must be able to fulfill their duties without error. Question 9 1 pts How can the management team at an organization uncover and prevent the fraud triangle component of pressure from influencing how employees behave within an organization? The only way to prevent the pressure component of the fraud triangle from influencing business decisions is to pay employees above-market rate salaries. Since there is a differentiation between employer issues and employee-related issues, there is no reason why employers should realize the pressure component of the fraud triangle
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