Which of the following is an example of a perceived opportunity that can lead to financial statement fraud? a. Thinking that fraud is good for the company b. Independent audit and a strong board of directors c. Inability to compete with other companies d. Inadequate internal controls

D. Inadequate internal controls

Explanation:

When you have inadequate internal controls, You did not create a proper security measures along with account abilities toward the the employees' action.

you provide opportunities for your employees to conduct criminal acts from within the company.

For example, they can falsify sales record, changing the numbers in your accounting statement, providing crucial information to your computers, Purposefully hide a certain transaction , etc

in 2001, dell computer became the world’s largest personal computer vendor, continuing to

gain market share and post profits in an industry struggling with slumping sales and billions of

dollars in losses. dell sells 90% of its pcs directly to the final customer, largely bypassing the

reseller channel that accounts for most of the world’s pc sales. this direct customer relationship

is the key to dell’s business model, and provides distinct advantages over the indirect sales

model. dell’s direct relationship with the customer allows it to tailor its offerings to customer

needs, offer add-on products and services, and use the internet to offer a variety of customer

services. in addition, dell’s pcs are built to customers’ specifications upon receipt of an order,

giving dell additional advantages over indirect pc vendors who must try to forecast demand and

ship products based on those forecasts. dell’s direct sales and build-to-order model has achieved

superior performance in the pc industry in terms of inventory turnover, reduced overhead, cash

conversion, and return on investment (kraemer, et al., 2000).

explanation: