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Exam IIA-CIA-Part1 topic 6 question 407 discussion

Actual exam question from IIA's IIA-CIA-Part1
Question #: 407
Topic #: 6
[All IIA-CIA-Part1 Questions]

Which of the following is the strongest red flag for bribery that is usually associated with the rationalization element of the fraud triangle?

  • A. Poor compensation of employees.
  • B. Employees' unrestricted access to sales information.
  • C. Too much trust in key employees.
  • D. Employees living beyond their means.
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Suggested Answer: D 🗳️

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Kozy
1 week ago
Selected Answer: A
The Fraud Triangle consists of: 1.Pressure/Incentive 2.Opportunity 3.Rationalization Rationalization involves the mental process by which individuals justify unethical or illegal behavior, convincing themselves it's acceptable. Poor compensation of employees is often used by individuals to justify accepting bribes, thinking: -"I am underpaid, so I deserve extra." -"The organization is unfair; taking a bribe balances the scales." Thus, inadequate pay is a classic rationalization red flag that can precede bribery or other unethical conduct. Option B and C: Opportunity Option D: Pressure/Incentive
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