What is the objective of a fraud risk assessment?A. To help an organization identify what makes it most vulnerable to fraudB. To provide an estimate of an organization’s fraud lossesC. To establish the guilt or innocence of an employee suspected of committing fraudD. To assess the design and effectiveness of an organization’s internal controls over financial reporting

Down under products, ltd., of australia has budgeted sales of its popular boomerang for the next four months as follows: unit salesapril 74,000may 85,000june 114,000july 92,000the company is now in the process of preparing a production budget for the second quarter. past experience has shown that end-of-month inventory levels must equal 10% of the following month’s unit sales. the inventory at the end of march was 7,400 units.required: prepare a production budget by month and in total, for the second quarter.