(Answered) Describe the fraud risk indicators that internal auditors

Accounting

Describe the fraud risk indicators that internal auditors should be aware of. Describe how these indicators might be influenced by industry and geography. Also, describe why certain areas and assets are more vulnerable to fraud. When planning an audit engagement, describe how "relative risk,"materiality (that is, the significance or importance to achieving organizational objectives), and the appropriateness and sufficiency of evidence should be factored in.

Your submission should consist of approximately 750 words

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