The Two Most Common Types of Fraud Impacting the Financial

question 18

Multiple Choice

The two most common types of fraud impacting the financial statements are:

• A)fraudulent financial reporting and e-commerce fraud.
• B)misappropriation of assets and embezzlement.
• C)fraudulent financial reporting and misappropriation of assets.
• D)cooking the books and fraudulent financial reporting.

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Definitions:

Customer Service

The assistance and advice provided by a company to those people who buy or use its products or services.

Preach Cleanliness

Advising or promoting the practice of being clean and maintaining good hygiene as a moral or ethical duty.

Practice Cleanliness

The habit or practice of maintaining cleanliness and hygiene in personal and communal spaces to promote health and prevent disease.

Mirror Neurons

Neurons that fire both when an individual acts and when the individual observes the same action performed by another, thought to be the basis of empathy and learning by imitation.