Which of these statements is false according to auditing standards?

a. A high degree of competition accompanied by declining margins would be an example of an opportunity for fraudulent nancial reporting.

b. Personal guarantees of debt of a company that are signicant to ones personal net worth are an example of a pressure/incentive for fraudu-lent nancial reporting.

c. A heavy concentration of ones wealth in a par-ticular company would be an example of a ra-tionalization condition for fraudulent nancial reporting.

d. An excessive interest by management in main-taining a companys stock price is an example of rationalization for fraudulent nancial re-porting.

e. An anticipated future layoff would be an exam-ple of one incentive to misappropriate assets.

f. A large amount of cash on hand would be an example of a rationalization to misappropriate assets.

g. Inadequate internal controls are an example of an opportunity to misappropriate assets.