Most financial statement frauds occur in smaller organizations with simple management structures, rather than in large, historically
Question:
Most financial statement frauds occur in smaller organizations with simple management structures, rather than in large, historically profitable organizations. This is because:
a. It is easier to implement good internal controls in a small organization.
b. Smaller organizations do not have investors.
c. Management fraud is more difficult to commit when there is a more formal organizational structure of management.
d. People in large organizations are more honest.
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Related Book For
Fraud examination
ISBN: 978-0538470841
4th edition
Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma
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