Fraud Professionals and Forensic Accountants Use the Term Red Flag

question 21

Multiple Choice

Fraud professionals and forensic accountants use the term red flag to indicate:

• A) that they are looking for symptoms and badges of fraud.
• B) that all personnel will be investigated.
• C) that evidence of fraud or abuse have been located and identified.
• D) that a person or group of people have been identified as possible fraudsters or abuser.

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Definitions:

Minorities

Groups in a society who are smaller in number and often differ from the majority in terms of race, religion, language, or cultural practices.

Physical Abuse

The intentional use of physical force to cause harm or injury to another person, often a pattern of behavior in abusive relationships.

Emotional Abuse

A type of maltreatment where one individual exposes another to actions leading to mental distress, such as severe anxiety, lasting depression, or PTSD.

Sexually Assaulted Children

Children who have experienced unwanted sexual contact or activity, often resulting in trauma and the need for specialized support services.