Why are some small businesses more susceptible to employee fraud and theft? Explain.

Answered: Why are some small businesses more…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Why are some small businesses more susceptible to employee fraud and theft? Explain.

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Introduction to the topic

Small Business -

These are owned privately in the firm of partnership, sole proprietorship, corporation which consists only some employees or the employees are less and the annual revenue generated by the business is also less then the actual size of the business corporation. The business which are able to take support from the Government are termed as the small business.

It will able to quantify the tax policy which will be varies from the different countries. The range of small business consists from the fifteen employees. It will include the work related to the retail and the services.

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