III. Auditing-in-the-news (10 points total, 2 point each). Below are several questions intended to determine your knowledge of current events involving auditing cases reported in the news. Please answer each question to the best of your knowledge. A. In the NY Times article, "When Your Last $166 Vanishes: "Fast Fraud Surges on Payment Apps" what is meant by the term "fast fraud" ? B. Based on the article, The Brutal Truth About Bitcoin", what are some of the major drawbacks in such an investment cited in the article? C. In the NY Times article, Auditing the Auditors" what did the partners at KPMG do wrong? D. Based on the NY Times article, US Targets $1 Billion in Assets in Malaysian Embezzlement Case," why should the US Department of Justice be involved? E. The Law Firm of MoloLamken published an article, What, exactly, is Prosecutorial Misconduct?" Name one of the nine examples of prosecutorial misconduct which was also present in the NY Times article, "The $500,000 Apology" that involved Daniel Heller