According to an ACFE Study,when It Comes to Fraud Losses

question 11

Multiple Choice

According to an ACFE study,when it comes to fraud losses

• A)the median fraud loss caused by males is more than double that caused by females
• B)most frauds are committed by individuals acting alone
• C)managers commit more frauds than employees
• D)all of the above

---

Definitions:

Price Sensitive

The degree to which the demand for a product changes in response to changes in its price.

Differential Pricing

A pricing strategy in which a company sets different prices for the same product or service based on certain criteria such as customer segment, quantity purchased, or location.

Wasted Capacity

Resources or production capabilities that are underutilized or not used to their full potential, leading to inefficiencies.

Overbooking

A strategy used in various industries where more reservations or orders are accepted than can be accommodated, based on expected cancellations or no-shows.