Which of the Following Was Not a Finding of the ACFE

question 42

Multiple Choice

Which of the following was not a finding of the ACFE Report to the Nation on Occupational Fraud?

• A) Fraud is more likely to be detected by tips than any other way
• B) Frauds lasted a medium of 16 months before detection
• C) Asset misappropriation schemes was the most common type of occupational fraud
• D) External auditors discover about 15 percent of the frauds

---

Definitions:

Compound Name

A designation or set of names used to identify a chemical compound based on its structure or molecular components.

Compound

A mixture formed by chemically joining two or more elements.

N,N-Diethylbutanamide

An organic compound featuring a butanamide core where both hydrogens of the amide group are replaced with ethyl groups.

IUPAC Systematic Name

A standardized naming system for chemicals formulated by the International Union of Pure and Applied Chemistry (IUPAC) that provides a unique way to identify a chemical substance.