Though the least costly, this type of fraud is focused on by external auditors and is covered on the CPA exam?
A) Corruption
B) Asset misappropriation
C) Financial statement fraud
D) All of these answer choices are correct.

Question

Quizplus · Accepted Answer

Asset misappropriation is the least costly type of fraud compared to corruption and financial statement fraud, but it is the most common and thus heavily focused on by external auditors and covered on the CPA exam.

Though the Least Costly, This Type of Fraud Is Focused