The Most Common Fraud Committed on Behalf of an Organization

question 38

Multiple Choice

The most common fraud committed on behalf of an organization is:

• A)Vendor fraud
• B)Employee embezzlement
• C)Fraudulent financial reporting
• D)Customer fraud

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Definitions:

Quality of Mind

Mills’s term for the ability to view personal circumstance within a social context.

Semi-periphery

Nations that are midway between the core and periphery countries, often exploiting periphery countries but being exploited by core countries.

Peripheral Countries

Nations that are not dominant in the global economy, often characterized by less economic development and dependency on core countries for capital.

Core Countries

Nations, typically developed, that dominate global economic systems, often exploiting less economically developed countries.