Which of the following frauds is usually the most expensive?
A)Vendor fraud
B)Customer fraud
C)Occupational fraud
D)Financial statement fraud

Question

Quizplus · Accepted Answer

Financial statement fraud is usually the most expensive type of fraud as it can result in significant financial losses for the organization and its stakeholders. This type of fraud involves intentionally manipulating financial statements in order to present a false picture of the company's financial health or performance. It can be difficult to detect and can have long-lasting effects on the organization's reputation and financial stability.

Which of the Following Frauds Is Usually the Most Expensive