Kiting fraudulently places the company's marketable securities in the name of the officers.

Name: Kiting fraudulently places the company's marketable securities in the name of the officers.
Brand: Quizplus
Rating: 4.9 (60 reviews)

Question

Quizplus · Accepted Answer

Kiting is a type of check fraud where checks are written between two or more accounts with insufficient funds with the intention of artificially inflating the account balance. It does not involve placing marketable securities in the name of officers.

Kiting Fraudulently Places the Company's Marketable Securities in the Name