Which one of the below assertions is incorrect concerning fraud risk factors? (a) Fraud risk factors do

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Which one of the below assertions is incorrect concerning fraud risk factors?

(a) Fraud risk factors do not necessarily indicate the existence of fraud

(b) Fraud risk factors often are present in circumstances in which fraud exists

(c) Fraud risk factors may be unintentional

(d) The auditor’s identification of fraud risks should include the risk of management override of controls

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