4.Which of the following define lowballing:Single choice.   Offering the client a low fee in the hope that they will tell others and increase the auditors client base. Offering the audit at an artificially high fee to ensure that a good margin is made on the fee Offering the audit an artificially low fee in order to get the work before increasing fees later or offering other services to the client. Offering the client tax services only.

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Fraud

Fraud in accounting is the planned manipulation of financial documents to make a false appearance of corporate financial health. Moreover, it includes an employee, accountant, or the company itself misleading investors and shareholders.