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Because of the numerous cases of fraud that occur in the business world today, investigative auditors are becoming more skeptical in dealing with existing scandals.

Because of the numerous cases of fraud that occur in the business world today, investigative auditors are becoming more skeptical in dealing with existing scandals. What do you know about the "Fraud Triangle" concept? Do you believe that an effective risk management strategy and control can aid in the reduction of the risk of fraud? Please explain.

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