The objectives of a fraud investigation may include which of the following? Not getting the authorities involved Avoiding large insurance claims Posting embarrassing reports on social media Punishing the guilty and obtaining restitution

The objectives of a fraud investigation may include which of the following? Not getting the authorities involved Avoiding large insurance claims Posting embarrassing reports on social media Punishing the guilty and obtaining restitution

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Fraud

Fraud in accounting is the planned manipulation of financial documents to make a false appearance of corporate financial health. Moreover, it includes an employee, accountant, or the company itself misleading investors and shareholders.

Question

The objectives of a fraud investigation may include which of the following?
Not getting the authorities involved
Avoiding large insurance claims
Posting embarrassing reports on social media
Punishing the guilty and obtaining restitution

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