Page 18 - Microsoft Word - 00 CIMA F1 Prelims STUDENT 2018.docx

Chapter 1

4.8 Fraud risk

Risk that is the vulnerability of an organisation to fraud.

4.9 Employee malfeasance risk

Risk that an organisation might be exposed to actions by employees that result in an
offence or crime (other than fraud).

4.10 Risks in international operations

International business are subject to additional risks factors relating to culture,
litigation, credit risk, items in transit and financial risks (especially currency).

Illustrations and further practice

Now try TYU 3, 4 and 8 from Chapter 1

8