________ is the most common fraud,but ________ is the most expensive fraud.
A)Fraudulent financial reporting;misappropriation of assets
B)Misappropriation of assets;fraudulent financial reporting
C)Misappropriation of assets;cooking the books
D)Cooking the books;misappropriation of assets

Question

Quizplus · Accepted Answer

According to the Association of Certified Fraud Examiners, misappropriation of assets is the most common type of fraud, accounting for 85% of fraud cases. However, fraudulent financial reporting is the most expensive type of fraud, with a median loss of $800,000 compared to $114,000 for misappropriation of assets. Therefore, option B is the correct choice.

________ Is the Most Common Fraud,but ________ Is the Most

Is the Most Common Fraud,but Is the Most