According to the ACFE study, when it comes to fraud losses
A) the median fraud loss caused by males is more than double that caused by females
B) most frauds are committed by individuals acting alone
C) managers commit more frauds that employees
D) all of the above.

Question

Quizplus · Accepted Answer

The ACFE study found that the median fraud loss caused by males is more than double that caused by females.

B and C are incorrect. The study found that most frauds are committed by collusion between multiple individuals, and that while managers are more likely to cause larger fraud losses, employees are more likely to commit fraud overall.

According to the ACFE Study, When It Comes to Fraud