Which of the following is true of why fraud should be detected early?
a. Most frauds start small and get larger over time.
b. Determining motive is a strong tool to prevent similar frauds in the future.
c. When top management is the perpetrator, preventions can be implemented once the fraud has been discovered.
d. Fraud is often obvious and more easily detected when first committed.
a
FEEDBACK: a. Correct, it is best to discover the fraud early to reduce losses.
b. Incorrect, motive may never be known.
c. Incorrect, it is very difficult to prevent top management fraud because they have more opportunity to conceal it.
d. Incorrect, the ease of detection depends on many factors.
You might also like to view...
Which of the following is an advantage of online communications for marketers?
A) Consumers cannot effectively screen out your messages. B) Companies can accurately track how effective their ads are because software filters out all bogus hits. C) Companies can offer tailored information or messages that engage consumers. D) Advertisers maintain complete control over the message. E) Advertisers do not need to worry as much about context.
The Second stepin financial statement analysis requires businesses to analyze strategies that will__________________________________________________ itself from the firms competitors
Fill in the blank(s) with correct word
Discuss the risks associated with each of these forms of competitive advantage-cost leadership, differentiation, and focus.
What will be an ideal response?
In coaching, if an individual perceives that she is already performing at a high level on some dimension, but the coach does not perceive such a high level, this is known as a ______ gap.
a. coaching b. performance c. perception d. feedback