Which of the following is an accurate statement regarding the misappropriation of assets?

Select one:

a. In most cases, the amounts involved are material to the financial statements.

b. Misappropriation of assets can easily increase in size over time and can lead to significant reputational harm.

c. Management should not be concerned about minor misappropriations.

d. Asset misappropriation schemes are less common than fraudulent financial statement schemes.