Type 2 Errors Occur When

question 122

Multiple Choice

Type 2 errors occur when

• A) a fraud indicator fails to signal fraud.
• B) a fraud indicator falsely signals fraud.
• C) a fraud indicator turns out not to be a fraud indicator.
• D) all of the above

---

Definitions:

Short-Term Orientation

A perspective or approach that focuses on achieving immediate results rather than long-term goals.

Sustained Commitments

Ongoing dedication or obligation to a course of action, policy, or goal over a long period.

Thrift

is the practice of being economical and resourceful in the use of resources, often to achieve long-term financial sustainability.

Collectivism

A cultural value that emphasizes the importance of groups and collective action over individual achievement or identity.