im not sure about #2 and dont know exactly this #7

True/False Indicate whether the sentence or statement is True or False. F 1. All instances of misconduct in the workplace amount to fraud. I 2. When discussing the costs of fraud and other litigation, by the time a formal investigation is launched and the allegations are addressed within the legal arena, the victim organizations have already incurred substantial losses. E 3. Internal auditors are individuals from outside CPA firms that come into your business to perform an audit. E 4. Due to a greater degree of oversight and audits, fraud in not-for-profit organizations generally is nonexistent, unlike those in the private sector, and usually results in no lost values. I 5. The ACFE offers a scholarship opportunity to students called the Ritchie-Jennings Memorial Scholarship Program which is due in February, E 6. Errors are always an indication of intentional fraud. 7. One of the steps in developing a risk assessment includes creating an instrument that lists the type of risks and quantifies each corresponding measure