According to the Association of Certified Fraud Examiners 2018 Report to the Nations, what is a likely explanation of the significant correlation between authority level and fraud loss?

According to the Association of Certified Fraud Examiners 2018 Report to the Nations, what is a likely explanation of the significant correlation between authority level and fraud loss?

High level fraudsters have greater access to the organizations assets than low level personnel.

High level fraudsters have greater technical ability to commit and conceal fraud.

High level fraudsters use their authority to override or conceal their crimes.

All of the above are likely explanations.