Financial statement fraud is typically committed by:

a. Employees with access to company assets
b. Top management
c. Customers
d. Vendors


b
FEEDBACK: a. Incorrect. Employees usually commit fraud against the organization, not for the organization.
b. Correct. Top management is usually responsible for fraud committed on behalf of the organization.
c. Incorrect. Customers usually commit fraud against the organization.
d. Incorrect. Vendors usually commit fraud against the organization.

Business

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