Which Fraudulent Act Is Designed Primarily to Benefit the Organization

question 213

Multiple Choice

Which fraudulent act is designed primarily to benefit the organization?

• A) Fictitious sale or assignment of assets.
• B) Authorization of payment for hours not worked.
• C) Theft or misappropriation of funds.
• D) Acceptance of bribes or kickbacks.

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Definitions:

Inventory Worksheet

A document or spreadsheet used in business to track items in stock, detailing quantity, location, and status of products or assets.

Product Names

The unique identifiers or titles given to goods or services offered by companies to distinguish them in the market.

Row A

The first row in a spreadsheet or table, often used for headers or titles.

Column Heading

The title or label of a column in a table or spreadsheet, indicating the nature of the data it contains.