Fraud Can Be Defined As

question 29

Multiple Choice

Fraud can be defined as:

• A) A deliberate misrepresentation to gain an advantage over another party
• B) A cover-up of a mistake made in the financial statements
• C) An error in preparing financial statements
• D) All of these

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Definitions:

Concurrent Validation

Research that consists of administering a test to people who currently hold a job, then comparing their scores to existing measures of job performance.

Job Performance

The measure of how effectively an employee carries out their roles and responsibilities at work.

Personnel Selection Process

The procedure of identifying and hiring the best-qualified candidates from a pool of applicants for a job, based on criteria and methods such as interviews and tests.

Reference Checks

The process of contacting previous employers, colleagues, or other references to verify a job candidate's qualifications, character, and performance.