Which of the following observations concerning collusive frauds is true?
A) They are usually slower to develop than frauds committed by one individual.
B) Research indicates that the majority of frauds involve collusion.
C) Frauds involving collusion are usually the easiest to detect because of the involvement of multiple players.
D) The right-to-audit clause has been ineffective in discouraging collusive frauds.

Question

Quizplus · Accepted Answer

Collusive frauds, involving multiple individuals conspiring together, often take longer to develop compared to those perpetrated by a single individual. This is because coordinating actions and maintaining secrecy among multiple parties requires more time and effort.

Which of the Following Observations Concerning Collusive Frauds Is True