b. > O C 27. Which of these statements is false according to au- diting standards? a A high degree of competition accompanied by declining margins would be an example of an opportunity for fraudulent financial reporting Personal guarantees of debt of a company that are significant to one's personal net worth are an example of a pressure/incentive for fraudu- lent financial reporting C A heavy concentration of one's wealth in a par- ticular company would be an example of a ra- tionalization condition for fraudulent financial reporting d. An excessive interest by management in main- taining a company's stock price is an example of rationalization for fraudulent financial re- porting