Describe FIVE techniques that could be used by management to override internal controls.

Collusion with Employees: Management can override internal controls by colluding with employees. This involves convincing or coercing employees to ignore or bypass established procedures or controls. For example, a manager might convince an employee to approve a transaction that should not be approved.

Manipulation of Documents: Another technique is the manipulation of documents. This could involve altering or falsifying financial records or other important documents. For example, a manager might alter sales records to show higher revenue than actually earned.

Overriding Established Procedures: Management can also override internal controls by simply ignoring established procedures. This could involve approving transactions without the necessary checks and balances, or bypassing certain steps in the approval process.

Intimidation or Coercion: In some cases, management might use intimidation or coercion to override internal controls. This could involve threatening employees with negative consequences if they do not comply with the manager's wishes.

Creating False Transactions: Finally, management could create false transactions to override internal controls. This could involve creating fictitious sales or expenses to manipulate financial results. For example, a manager might create a fake sale to inflate revenue figures.