You are an external auditor performing an interview with a senior manager of financial accounting at your firm's new client. During the interview, you ask the senior manager to explain the overall operations and control environment of the department. Assess each of the statements the senior manager gives you and identify it as either $($i$)$ a fraud risk or $($ii$)$ not a fraud risk. If it is a fraud risk, identify whether it is most likely to indicate the possibility of $(A)$ asset misappropriation, $($B$)$ financial statement fraud, or $($C$)$ neither.