Which two of the following characterize the work of fraud examiners?
I. Analysis of control weaknesses for determination of acceptable fraud risk.
II. Analysis of control strengths as a basis for planning other audit procedures.
III. Determination of a materiality amount that represents a significant misstatement of the financial statements.
IV. Thinking of a materiality amount in cumulative terms—that is, becoming large over a number of years.
A. I&II.
B. II&IV.
C. I&III.
D. I&IV.
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