The audit team has identified and documented fraud risk. Their next step should be to:
A) evaluate factors that should reduce risk.
B) develop programs to test for fraud.
C) proceed with performing tests of controls.
D) proceed with performing substantive tests of balances.

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The Answer of The audit team has identified and documented fraud risk. Their next step should be to:
A) evaluate factors that should reduce risk.
B) develop programs to test for fraud.
C) proceed with performing tests of controls.
D) proceed with performing substantive tests of balances.

The Audit Team Has Identified and Documented Fraud Risk