Which of the following should catch the internal auditor's attention as a potential red flag for fraud?

Question

Akram Abou Soultan · Accepted Answer

One of the subsidiaries has more bank accounts than any other comparable subsidiary

Akram Abou Soultan · Answer

The accounting unit keeps detailed records and preserves supporting documentation in excess of company requirements

Akram Abou Soultan · Answer

The same external audit firm has been with the company for three years without rotation

Akram Abou Soultan · Answer

The arithmetic median tenure of employees working at production facilities is 15 years

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