True or false: If a company experiences a $1,000 fraud, it will have to generate $1,000 in additional revenue to make up for the fraud.
A) True
B) False

Question

Quizplus · Accepted Answer

B: Correct: A is wrong because a company really has to make an additional $1,000 in income, so it has to generate enough revenues to cover cost of sales and other expenses and still have $1,000 left.

True or False: If a Company Experiences a $1,000 Fraud