Correct/Incorrect State with reasons (in short) whether the following statement is correct or incorrect: (i) Teeming and lading is one of the techniques of inflating cash payments. (ii) Fraud can be termed as intentional error. (iii) Auditor needs to report to Central Government in case of fraud involving 20 lakhs rupees. (iv) The primary responsibility for the prevention and detection of fraud rests with both those charged with governance of the entity and management