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

Understand the role and goals of Global Sustainable Tourism Council (GSTC) in promoting sustainable practices worldwide.

Recognize barriers to sustainable consumer behavior in small communities or developing regions.

Identify and understand environmental regulations.

Comprehend strategies marketers use to communicate environmental initiatives.

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Definitions:

Inflation Rate

The rate at which the general level of prices for goods and services is rising, thereby eroding purchasing power.

Real Terms

Refers to economic indicators or values that have been adjusted for inflation, allowing for the comparison of quantities as if prices had not changed over time.

Deposits

Funds placed into an account at a financial institution for safekeeping, which may earn interest over time depending on the account type.

Coupon Bond

A type of bond that pays the holder a fixed interest rate (coupon) periodically until the maturity date, at which point the principal amount is repaid.