The Auditor Is Most Likely to Presume That a High

The auditor is most likely to presume that a high risk of a fraud relating to the misappropriation of assets exists if:

A) the entity is a multinational company that does business in numerous foreign countries.
B) the entity does business with several related parties.
C) inadequate segregation of duties places an employee in a position to perpetrate and conceal theft.
D) inadequate employee training results in lengthy EDP exception reports each month.