A key control environment factor in reducing the risk of fraudulent financial reporting through the overstatement of sales and accounts receivable is:

(i) management’s adoption of and adherence to high standards of integrity and ethical values

(ii) reducing the emphasis on sales targets

(iii) establishing an effective audit committee

a. (i) and (ii) only.

b. (ii) and (iii) only.

c. (i) and (iii) only.

d. (i), (ii), and (iii).