Free ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam Questions

Asset misappropriations have an effect on the liabilities and do also have an indirect effect on the equity account.

Which of the following is NOT the reason why senior management will overstate business statement?

___________ should be examined to see that all are properly documented and that inappropriate payments have not been made to employees.

If the assets are intentionally purchased by the company but simply misappropriated by the fraudster, this is referring to as:

__________ is required if and when officers, executives or other persons in trusted positions become subjects of a criminal indictment.