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