Fraud Quiz 1

Is fraud intentional or unintentional?

intentional

Occupational fraud (as defined by the ACFE) is grouped into the major categories of:

Corruption, Misappropriation of Assets, Financial Statement Fraud

When an employee commits fraud against his or her organization, it is referred to as being "against" the organization.  This type of fraud would include:

Misappropriation of Assets

Someone who commits financial statement fraud at a public company to mislead investors and others would be in violation of federal laws.  They could be charged and prosecuted under:

Both criminal law and civil law

To be prepared for a career in fraud examination, three of the most important skills include:

communication skills, technological skills, analytical skills