2.5 points QUESTION 10 What is the audit committee of the board of directors of a company responsible for? C A.Hiring the auditor C B. Preparing the financial statements C C. The audit workpapers C D.Obtaining evidence 1. 2.5 points QUESTION 11 1. The fraud riangle says three conditions are generally presemt in the clien's oganization when fraud occurs. Which of the following is not one of those conditions? C A Incentives B. Professional skepticism C opportunity D.Ability to rationalize fraud C 2.5 points QUESTION 12 1. Which of the follwing best describes professional skeptcsim A- An intent to deceive B. An attitude of intrusion and obstinacy C O CA character that does not waver G D A questioning mind 2.5 points QUESTION 13 What is the primary determinant in the difference between fraud and errors in financial statement reporting? C A.The materiality of the misstatement c B.The intent to deceive O C. The level of management involved 1. C D. The type of transaction affected 2.5 points