The median amount of the fraud is approximately 50% of the median total assets.

Question

Quizplus · Accepted Answer

There is no specific rule or formula that determines the relationship between median amount of fraud and median total assets. The ratio may vary depending on various factors such as the industry, type of fraud and the size of the company. Therefore, it is inaccurate to generalize that the median amount of fraud is approximately 50% of the median total assets.

The Median Amount of the Fraud Is Approximately 50% of the Median