Exam IIA-CIA-Part1 All QuestionsBrowse all questions from this exam
Question 139

Which of the following is not considered one of the most common red flags for perpetrators of fraud?

    Correct Answer: B

    Repeat performance issues are not typically considered one of the most common red flags for perpetrators of fraud. The common red flags for fraud include excessive control issues, unusually close association with customers, and experiencing financial difficulty, as these behaviors can be indicative of someone who might be committing fraudulent activities.

Discussion
basiclaneOption: B

Fraud perpetrators tended to display behavioral warning signs when they were engaged in their crimes. The most common red flags were living beyond means, financial difficulties, unusually close association with a vendor or customer, excessive control issues, a general“wheeler-dealer” attitude involving unscrupulous behavior, and recent divorce or family problems acfe.com