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Which of the following statements is NOT true? It is important to document the fraud risk management program. Communication of the fraud risk management program
Which of the following statements is NOT true? It is important to document the fraud risk management program. Communication of the fraud risk management program needs to be sufficient so that all personnel and vendors understand their responsibilities. The board should establish mechanisms to ensure that it is receiving accurate and timely information regarding potential fraud occurrences. The Fraud Risk Management Guide provides a required format for documentation of fraud risk management programs
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