1. When auditing with "fraud awareness," auditors should especially notice and follow up employee activities under which of these conditions?
A. The company always estimates the inventory but never takes a complete physical count.
B. The petty cash box is always locked in the desk of the custodian.
C. Management has published a company code of ethics and sends frequent communication newsletters about it.
D. The board of directors reviews and approves all investment transactions.
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