Multiple Choice
Which of the following statements regarding fraud is INCORRECT?
A) Fraud violates the rights of many for the temporary betterment of a few and for the ultimate betterment of no one.
B) Motive,opportunity,and rationalization are elements that make up virtually every fraud.
C) The perpetrators of fraud usually do so for their own short-term economic gain.
D) Misappropriation of assets is a type of fraud that is committed by company managers who make false and misleading entries in the books in order to improve a company's financial results.
Correct Answer:
Verified
Correct Answer:
Verified
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