Many Fraud Cases Go Unreported and Unprosecuted for Several Reasons

question 33

Multiple Choice

Many fraud cases go unreported and unprosecuted for several reasons.Why is this the case?

• A)Companies are reluctant to report computer crimes because a highly visible computer fraud is a public relations nightmare.
• B)Such crimes are difficult,costly,and time-consuming to investigate and prosecute.
• C)Law enforcement and the courts are often too busy with violent crimes that little time is left for fraud cases.
• D)all of the above

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Definitions:

Book Value

Book value is the value of an asset as it appears on the balance sheet, calculated by subtracting any accumulated depreciation from its purchase price.

Shareholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing the ownership interest of shareholders.