Describe Two Kinds of Fraud

question 19

Essay

Describe two kinds of fraud.

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Definitions:

HR Function

The set of responsibilities and practices within an organization focused on managing and developing its human capital, including recruitment, training, and employee welfare.

Human Resource Planning

Human resource planning involves forecasting future manpower requirements, ensuring that the organization has the right number of people and the right kind of people at the right places, at the right time, capable of effectively and efficiently completing those tasks that will help the organization achieve its overall objectives.

Strategic Partner

A strategic partner refers to an individual or organization that collaborates with another entity in a shared goal or project, bringing unique resources, capabilities, or expertise to achieve mutual benefits.

Competitive Advantage

A competitive advantage is what makes an entity's goods or services superior to all of a customer's other choices.