An audit reveals that the director of a listed company has stolen $50,000. The amount is not material to the company's financial statements To whom must the auditor report the fraud? O Those charged with governance O The auditor's professional body The company's shareholders The police (2 points) Not Yet Answered Time remaining 41-50 on 9 During the audit, an asset that was purchased last year and is being depreciated over the five years is found to be no longer in use and it has been damaged irreparably. What is the appropriate audit response? ORequest that the asset is written off completely ORequest that the asset is disposed of ORequest the management to write down to its recoverable amount ONo response is necessary as the cost of the asset will in any case be expensed through depreciation polete)