Fraud is more prevalent in large businesses than small businesses and not-for-profit organizations.

Name: Fraud is more prevalent in large businesses than small businesses and not-for-profit organizations.
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

This statement is false. Fraud can occur in businesses of any size or type, and not-for-profit organizations are also susceptible to fraud. The level of risk for fraud varies based on the industry, the complexity of the organization's financial operations, and the effectiveness of internal controls.

Fraud Is More Prevalent in Large Businesses Than Small Businesses