Research indicates that the most frequent type of fraud is
A) misappropriation of funds.
B) check forgery.
C) false invoices.
D) credit card fraud.

Question

Quizplus · Accepted Answer

Misappropriation of funds, also known as embezzlement, is the most common type of fraud according to multiple industry studies and surveys. This type of fraud involves the theft or misuse of funds or assets by an individual who has been entrusted with them. Check forgery, false invoices, and credit card fraud are also common types of fraud, but they do not occur as frequently as misappropriation of funds.

Research Indicates That the Most Frequent Type of Fraud Is