W are common types of fraudulent financial reporting


1. Review the meaning of the concepts or terms discussed in Key Terms and Concepts.

2. What are the major characteristics of divisional incentive compensation plans?

3. Define expectancy theory.

4. What is an intrinsic reward? How is an intrinsic reward different from an extrinsic reward?

5. What are the four perspectives of the balanced scorecard?

6. What is fraudulent financial reporting? What are the two key concepts in the definition of fraudulent financial reporting?

7. What are common types of fraudulent financial reporting?

8. How does the separation of duties help prevent financial fraud?

9. How do internal auditors deter or detect financial fraud?

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