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Which of conditions auditors should especially notice

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Problem 1: When auditing with fraud awareness, auditors should especially notice and follow up employee activities under which of these conditions?

Multiple Choice

Option 1: Management has published a company code of ethics and sends frequent communication newsletters about it.

Option 2: The company always estimates the inventory but never takes a complete physical count.

Option 3: The petty cash box is always locked in the desk of the custodian.

Option 4: The board of directors reviews and approves all investment transactions

Reference no: EM132716273

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