Which of the following is NOT considered a way to commit fraud for a company?
A)Accounting cycle fraud
B)Bribery
C)Senior management financial reporting fraud
D)Extortion

Question

Quizplus · Accepted Answer

Extortion is not considered a way to commit fraud "for" a company, as it involves forcing someone to pay or give something through threats or coercion. While a company may be the victim of extortion, it is not a method that a company would use to commit fraud. Accounting cycle fraud, bribery, and senior management financial reporting fraud are all ways that a company may engage in fraudulent activity.

Which of the Following Is NOT Considered a Way to Commit