Which of the following represents an accurate definition of external fraud?
A) External fraud is fraud committed by owners, managers, or employees who use their positions to enrich themselves at the expense of the company.
B) External fraud is fraud committed by a company's accounting firm to misrepresent the financial status of the firm to the public.
C) External fraud is fraud committed by vendors who bribe purchasing agents to award contracts.
D) External fraud is fraud committed by customers, vendors or other outside parties against a company.

Question

Quizplus · Accepted Answer

External fraud is committed by individuals or entities outside the organization, such as customers, vendors, or other external parties, against the company.

Which of the Following Represents an Accurate Definition of External