A deliberate act or untruth intended to obtain unfair or unlawful gain is a(n)
A)audit
B)embezzlement
C)fraud
D)theft

Question

Quizplus · Accepted Answer

The term "fraud" is defined as a deliberate act or untruth intended to obtain unfair or unlawful gain. Embezzlement and theft also involve obtaining something unlawfully, but they do not require the act to be deliberate or involve an untruth. An audit is a review of financial records to ensure accuracy and compliance, and is not necessarily related to fraudulent activity. Therefore, the correct answer is C - fraud.

A Deliberate Act or Untruth Intended to Obtain Unfair or Unlawful