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Which of the Following Statements Is NOT True

Question 4

Multiple Choice

Which of the following statements is NOT true?


A) In recent years there have been many cases of financial statement fraud.
B) Proactive fraud detection methods are in their infancy.
C) Accounting anomalies indicate fraud has or is occurring.
D) Fraud investigation involves determining who committed the fraud, the schemes used and how much money or assets were taken.

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