The Type of Fraud Committed by Company Managers,who Make False

question 6

Multiple Choice

The type of fraud committed by company managers,who make false and misleading entries in the books in order to improve a company's financial statements,is called:

• A)misappropriation of assets.
• B)fraudulent financial reporting.
• C)embezzlement.
• D)collusion.

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Definitions:

Direct Competition

Businesses or products that target the same customers and satisfy the same needs.

Lateral Competition

Competition between companies that offer the same or similar goods or services within the same industry.

Sociocultural

The combination of social and cultural factors that affect individual development.

Demographic

Statistical data relating to the population and the particular groups within it, used in marketing, planning, and social studies.