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Which of the following statements regarding fraud in accounting is correct ? A. Fraud requires a reckless disregard for the truth. B. Only Companys can

Which of the following statements regarding fraud in accounting is correct?

A.

Fraud requires a reckless disregard for the truth.

B.

Only Companys can commit fraud.

C.

The penalty for negligence is always worse than the penalty for fraud.

D.

The element of duty to care is not required.

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