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Question 1
3 / 3 pts
(TCO 5) The two most common types of fraud impacting financial statements are
fraudulent financial reporting and e-commerce fraud.
misappropriation of assets and embezzlement.
fraudulent financial reporting and misappropriation of assets.
cooking the books and fraudulent financial reporting.
Question 2
3 / 3 pts
(TCO 5) Fraud is the ultimate unethical act in business because
the perpetrators usually do so for their own short-term economic gain at the expense of others.