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Which of the following statements relating to the prevention and detection of fraud is most correct? A . The primary responsibility for the prevention and
Which of the following statements relating to the prevention and detection of fraud is most correct? A The primary responsibility for the prevention and detection of fraud rests with those charged with governance.
B The auditor is normally more concerned with misappropriation of assets than fraudulent financial reporting.
Required: Answer in the space below:
i Which of the two options A or B is correct.
ii Why the response selected is correct.
iii. Why the response not selected is incorrect.
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