What Are Common Causes of Financial Fraud

question 50

Multiple Choice

What are common causes of financial fraud?

• A)short-term profit orientation.
• B)pressure to achieve unreasonable targets.
• C)sudden decreases in revenue or market share.
• D)All of the answers are correct.

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Definitions:

Competitive Buyer

A buyer in a market where numerous purchasers compete to acquire goods or services, often leading to more favorable prices.

Industry Supply Curve

A graphical representation that shows the relationship between the price of a good and the total output all firms in the industry are willing to produce.

Marginal Value

Additional benefit derived from purchasing one more unit of a good.

Consumer Surplus

The gap between the price consumers are ready to pay for a good or service and the price they actually incur.