Why auditors failed to recognize fraud in crazy eddie case


Question: Which of these are reasons the auditors failed to recognize fraud in the Crazy Eddie case? Select all that apply. Question Select one or more: The scheme was too complicated for a reasonable person to understand or detect. They did not follow basic audit procedures and allowed deadlines to guide the quality of their audit. The audit was poorly planned, executed, and supervised. They did not have a mindset of professional skepticism and objectivity.

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Accounting Basics: Why auditors failed to recognize fraud in crazy eddie case
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