Examlex
Define the term forensic fraud. List the 3 general categories of forensic fraud.
Sales
The total amount of money received by a company for goods or services sold during a certain period of time.
Average Operating Assets
The average value of the assets used in a business's operational activities over a period.
Increase In Liabilities
An upward adjustment in the obligations a company owes to external parties, which could be due to loans, accounts payable, or other financial commitments.
Reduction In Operating Assets
A decrease in the value or amount of assets used for generating revenue.
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