What signs possible fraud may be more pronounced in business


Problem

Part A: All companies are vulnerable to fraud, but small businesses are particularly vulnerable. Why do you think this may be the case? What signs possible fraud may be more pronounced in small businesses when compared to larger ones?

Part B: Does the concept of materiality is incompatible with ethical behavior? Consider in you answer how materiality judgments affect risk assessment in an audit of financial statements.

The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.

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Business Management: What signs possible fraud may be more pronounced in business
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