Question: Which statement is false? (Points : 4) Fraud auditing is like an iceberg because many of the structural aspects are below water. The lifestyle of

Which statement is false? (Points : 4)

Fraud auditing is like an iceberg because many of the structural aspects are below water.

The lifestyle of a person may give clues as to fraud possibilities.

For taxpayers who are self-employed, IRS agents may use indirect methods to find unreported income.

The IRS does not have unlimited discretion to use an indirect method.

None of the above.

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