Access the Wiki Art Gallert (WAG) instructional case in Connect and read the case in sufficient depth to answer the following question.

1. Which of the following statements uses the fraud triangle appropriately when identifying the risks of financial misreporting at WAG?

a. Because Rob prepares WAG's financial statements, the incentive for misstating the financial results is heightened.

b. Because WAG's financial statements are not audited, the opportunity for misstating the financial results heightened.

c. The risk of financial reporting fraud is heightened because Stephen has shown a tendency to rationalize and conceal misdeeds

d. The pending sale of WAG increases the opportunity for misstating the financial results.