Tangible frauds include
A) asset misappropriation.
B) false pretenses.
C) counterfeiting.
D) All of these answers are correct.

Question

Quizplus · Accepted Answer

Tangible frauds involve the physical manipulation or theft of assets, and all the options listed (asset misappropriation, false pretenses, and counterfeiting) fall under this category. Asset misappropriation involves stealing or misusing an organization's resources, false pretenses involve obtaining property by misleading others, and counterfeiting involves creating fake replicas of real financial instruments, products, or currency.

Tangible Frauds Include