(True and False)
1. At the present time, approximately 25,000 members make up the Association of Certified Fraud Examiners.

2. Employee frauds constitute a greater percentage of all frauds and have greater median losses than do management and owner frauds combined.

3. Statistics show that fraud losses are directly proportional to age and inversely proportional to education.

4. Larceny, skimming, and misuse are all subdivisions of theft of cash.

5. Skimming schemes are far less common than larceny schemes.

6. Billing schemes have by far the highest median costs per incident of all frauds.

7. Kickback schemes always involve the purchasing function of the victim company.