Which of the following statements regarding fraud is (are) true?
A) Fraud is a deliberate act.
B) Fraud can be deliberate or unintentional; the outcome of the act determines if fraud exists.
C) A company with a strong code of ethics can eliminate fraud.
D) A company with strong internal controls can eliminate fraud.
E) The most common type of fraud is financial statement fraud.
Correct Answer:
Verified
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