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Listed Below Are 13 Specific Fraud Examples Taken from Some

question 47

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Listed below are 13 specific fraud examples taken from some well-known fraud cases: MiniScribe,ZZZZ Best Carpet Cleaning,Lesley Fay,and Equity Funding.
Required:
For each fraud example,enter a letter corresponding to which information control goal was initially violated-Validity,Completeness,or Accuracy.Some examples might involve more than one violation.
NOTE: When we say initially,we mean what control goal failure led to this example,not what is the present condition.For example,master data might contain information that is inaccurate,but it might have been an inaccurate input that initially caused the data to be inaccurate.
Listed below are 13 specific fraud examples taken from some well-known fraud cases: MiniScribe,ZZZZ Best Carpet Cleaning,Lesley Fay,and Equity Funding. Required: For each fraud example,enter a letter corresponding to which information control goal was initially violated-Validity,Completeness,or Accuracy.Some examples might involve more than one violation. NOTE: When we say initially,we mean what control goal failure led to this example,not what is the present condition.For example,master data might contain information that is inaccurate,but it might have been an inaccurate input that initially caused the data to be inaccurate.


Definitions:

Breach of Contract

A violation of any of the agreed-upon terms and conditions of a binding contract, which may result in legal action or damages.

Injured Party

An injured party is a person or entity that has suffered harm, loss, or injury, either physically or in a more abstract sense, such as financially, and may be entitled to compensation or redress.

Remedy

A legal solution or compensation awarded to an aggrieved party in a judicial proceeding.

Breach of Contract

The failure, without legal excuse, to perform any promise or obligation outlined in a contract.

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