Multiple Choice
Total Fraud Costs (TFC) =
A) Personnel Costs + Auditing Costs + Potential Losses .
B) Prevention Costs + Detection Costs + Correction Costs + Losses.
C) Auditing Costs - Losses.
D) Prosecution Costs + Detection Costs + Correction Costs.
Correct Answer:

Verified
Correct Answer:
Verified
Q8: Explain how a detection of fraud may
Q9: Pattern data analysis is also known as:<br>A)
Q10: How does Internal Auditing help an organization?<br>A)
Q11: Where are fraud discovery personnel assigned within
Q12: Which of the following is a preventative
Q14: Pressure/incentive typically relates to:<br>A) Situations in which
Q15: Describe the different ways in which fraud
Q16: Under Benford's Law:<br>A) All numbers should occur
Q17: Describe the fraud detection process.
Q18: Rationalization/attitude typically relates to:<br>A) situations in which