Required information Chapter 04 Problem 4-31 LO 4-6, 4-9 [The following information applies to the questions displayed below.] Management fraud (e.g., fraudulent financial reporting) is a relatively rare event. However, when it does occur, the frauds (e.g., Enron and WorldCom) can have a significant effect on shareholders, employees, and other parties. The PCAOB's AS 2401, Consideration of Fraud in a Financial Statement Audit, provides the relevant guidance for auditors. :hapter 04 Problem 4-31 Part c LO 4-6, 4-9 Select the items that are most likely to be objectives of the "brainstorming" meeting that is held among the engagement team 1embers: lote: You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct nswer and double click the box with the question mark to empty the box for a wrong answer. ? Share insights about the entity and its environment and the entity's business risks. ? Provide an opportunity for the team members to discuss how and where the entity might be susceptible to fraud. ? Emphasize the importance of maintaining professional skepticism throughout the audit regarding the potential for material misstatement due to fraud. ? Discuss which client employees could be motivated to commit a fraudulent act based on the team's first impressions. ? Ensure that all engagement team members understand that it is their responsibility to ensure that all fraud is detected