Historically, there have been a large number of cases of fraud, theft, manipulation, and misuse of funds in the areas of payroll and fixed assets.

Question

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This statement is true. There have been numerous instances of fraud, theft, manipulation, and misuse of funds in the areas of payroll and fixed assets throughout history. These types of incidents can result in significant financial losses for companies and organizations. Therefore, it is important to put in place safeguards and controls to prevent and detect such activities.

Historically, There Have Been a Large Number of Cases of Fraud