Which of the following is false?
A) Most frauds start small and get larger and larger if not detected.
B) Research has shown that auditors-not employees and managers-detect most frauds.
C) The elements of fraud include concealment, theft act, and conversion.
D) Preventing fraud is the most cost-effective way to reduce losses from fraud.

Question

Quizplus · Accepted Answer

A: True statement
B: Employees and managers detect more fraud than auditors.
C: True statement
D: True statement

Which of the Following Is False