Employee Fraud Involves Three Steps

question 87

Multiple Choice

Employee fraud involves three steps.Of the following,which is not involved?

• A)concealing the crime to avoid detection
• B)stealing something of value
• C)misstating financial statements
• D)converting the asset to a usable form

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Definitions:

Institutions

Structures or mechanisms of social order governing the behavior of a set of individuals within a given community, including laws, norms, and organizations.

Productive

The quality of being able to produce a substantial amount of goods, services, or crops efficiently and effectively.

Self-Disciplined

The ability to control one’s feelings, impulses, and actions, and to pursue goals with perseverance and determination.

Middle-Class Culture

Describes the values, norms, and practices of the middle class, often associated with economic stability, education, and manners.