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Once an observation is identified by an internal auditor as a fraudulent act committed by senior mgt. Resulting in an amount considered insignificant and trivial, it should be:
a. reported to senior management
b. reported to the independent outside auditors
c. report to the audit committee
d reported to major outside funding sources as defined by the laws and regulation of the country in which it operates
e. answers a and c are correct
f. answers a through c are correct
g. all the answers, a through d are correct
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