The text states that many frauds are detected when an employee, a friend, a manager, a customer, or another person provides a tip or complaint that something is wrong. One large company, for example, which uncovered more than 500 individual frauds, discovered 43 percent of the frauds based on customer complaints or employee tips.

Tips and complaints are not evidence of actual fraud but instead should only be considered fraud symptoms.

a. True
b. False

Answer rating: 100% (QA)

a True Correct Tips and complaints are categorized as fraud symptoms ra... View the full answer