Question: 1. A risk factor relating to misstatements arising from fraudulent financial reporting is ???????????????? A. Earnings this year are lower than management had hoped. B.

1. A risk factor relating to misstatements arising from fraudulent financial reporting is ????????????????

A. Earnings this year are lower than management had hoped.

B. Fewer competitors exist than in the past, and this places the company in a position in which it is easier to manipulate earnings.

C. Sales are made to residential, commercial, and governmental purchasers.

D. The industry faces great technological changes in almost all of its products.

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