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The damages incurred by financial statement fraud are widespread, affecting not only investors and creditors but auditors, employees, and honest competitors, to name a few.

The damages incurred by financial statement fraud are widespread, affecting not only investors and creditors but auditors, employees, and honest competitors, to name a few. However, which type of organizations seem to be immune from fraudulent financial statement reporting? A) Non-profit organizations. B) Universities. C) Religious organizations. D) No company is immune

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