Which of the following is correct?

		The detection of fraud and embezzlement is the primary purpose of audits
		Because auditors assess the internal controls of the organization, audited financial statements signify that fraud within the organization is not a concern
		Auditors are not needed if it can be guaranteed that the accountants are ethically upright
		Although internal controls are assessed as part of the audit process, not all frauds are likely to be caught by the auditor
		Audits are not intended to determine if the financial statements provide a fair representation of the financial status of the organization