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:

Behavior Trait

A consistent pattern of behavior, thoughts, or emotions that distinguish one individual from another.

Unconsciously Motivated

Actions or behaviors that originate from desires or impulses outside an individual's conscious awareness.

Positive Psychology

A branch of psychology focusing on the study of positive human functioning and flourishing on multiple levels, including the biological, personal, relational, institutional, cultural, and global dimensions of life.

Humanistic Psychology

A psychological perspective that emphasizes individual potential for growth and the importance of human values, creativity, and self-fulfillment.