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Auditors Deserve Blame in Failing to Uncover Fraud in the Equity

Question 47

Multiple Choice

Auditors deserve blame in failing to uncover fraud in the Equity Funding case due to


A) Failing to determine that some journal entries were phony
B) Failing to recognize that many insurance policy files were forged
C) Failing to meet some policyholders in person
D) Failing to secure the audit plan

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