​Which of the Following Statements Regarding Fraud on Behalf of an Organization

question 44

Multiple Choice

​Which of the following statements regarding fraud on behalf of an organization is true?

• A)​Middle management is usually the perpetrator.
• B)​This type of fraud benefits top executives as it generally increases stock price.
• C)​This type of fraud includes inflating expenses in order to save of corporate income taxes.
• D)​Financial statement fraud is common among publically-traded companies who must meet the public's expectations.

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Definitions:

Americas

A geographic region that includes the continental masses of North and South America, including the Caribbean and other islands.

Wild Foods

Naturally occurring plants and animals that can be harvested or hunted for consumption without being cultivated.

Hunting

The activity of pursuing and killing wild animals for food, sport, or management of populations.

Food Gathering

The act of collecting or harvesting natural resources for sustenance, typically involving hunting, fishing, and foraging.