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Question 24 What type of fraud are auditors the least likely to Catch during normal audit procedures? O Financial Statement Fraud Corruption Asset Misappropriation Question

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Question 24 What type of fraud are auditors the least likely to "Catch" during normal audit procedures? O Financial Statement Fraud Corruption Asset Misappropriation Question 25 Which of the following controls procedures reduces the risk of asset misappropriation? Restriction of physical access to assets Periodic physical examination/count of inventory and other assets Documentation procedures required for physical transfers of inventory and other assets All of the above O None of the above

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