Fraud can be committed by:
A) intentional misapplication of accounting principles that guide the disclosure of financial information.
B) omission of events, transactions, or other significant information in the notes related to the financial statements.
C) alteration of the underlying accounting data.
D) All of the choices are correct.

Question

Quizplus · Accepted Answer

All of the choices listed can contribute to fraud. Fraud can occur through intentional misapplication of accounting principles, omission of important information, or altering the accounting data.

Fraud Can Be Committed By