Which of the Following Statements Is True

question 2

Multiple Choice

Which of the following statements is true?

• A) Most financial statement frauds occur in large, historically profitable companies.
• B) Most people who commit management fraud are first-time offenders.
• C) An active board of directors or audit committee does little to deter fraud.
• D) Perpetrating fraud is much easier in an organization with democratic leadership, where the decision making is spread among several individuals.

Being able to distinguish between types of crimes (e.g., property, violent, public order, white-collar).

Knowing the legal consequences and categorizations of specific criminal activities such as robbery, burglary, and arson.

Awareness of the legal mechanisms used to combat white-collar crime.

Understanding of the concept of forgery and its legal implications.

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Definitions:

Basal Cell Carcinomas

A common form of skin cancer that arises from the basal cells in the epidermis, typically due to sun exposure.

Superficial

Concerning or affecting only the surface or appearance of something, possibly lacking depth or significance.

Oil Glands

Glands in the skin that secrete oil (sebum) to lubricate and waterproof the skin and hair.

Palms

The inner surface of the hands between the fingers and the wrists.