A fraud prevention and detection program starts with a fraud risk assessment across the entire firm. Select correct statements on the role$($s$)$ of the audit committee on fraud risk assessment, prevention and detection.

Multiple select question.

The audit committee has an oversight role in the fraud risk assessment process.

The audit committee works with the internal audit group to ensure that the fraud prevention$/$detection program remains an ongoing effort.

The audit committee interacts with external auditor to ensure that fraud assessment results are properly communicated.

The audit committee is responsible to assess fraud risks and to identify approaches to detecting frauds.