Which fraudulent act is designed primarily to benefit the organization?
A) Fictitious sale or assignment of assets.
B) Authorization of payment for hours not worked.
C) Theft or misappropriation of funds.
D) Acceptance of bribes or kickbacks.

Question

Quizplus · Accepted Answer

Fictitious sale or assignment of assets is typically designed to inflate the organization's financial statements, benefiting the organization by making it appear more profitable or financially stable than it actually is.

Which Fraudulent Act Is Designed Primarily to Benefit the Organization