Which of the following observations concerning occupational fraud is NOT true?
a. It is clandestine.
b. It is committed for the purpose of direct or indirect financial benefit to the employee.
c. It usually involves two or more employees.
d. It costs the employing organization assets, revenues, or reserves.
c
FEEDBACK: a. Incorrect.
b. Incorrect.
c. Correct. Occupational fraud could be committed by a person or a group of persons acting in concert.
d. Incorrect.
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