Which of the following is FALSE regarding a fraud risk assessment?

Which of the following is FALSE regarding a fraud risk assessment?
A . The designation of an area as being high risk does not conclusively mean that fraud is occurring there
B . The objective of the assessment is to provide an estimate of the organization s fraud losses
C . The assessment should be used to improve employee fraud awareness
D . The assessment team should consider how employees behave as part of its assessment

Answer: B

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