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प्रश्न
What is Financial Accounting Fraud? State its motives.
उत्तर
Fraud happens when a corporation overstates its assets or understates its obligations to appear financially stronger than it actually is.
- Accounts can be altered, destroyed, or defaced by organisations or their employees.
- False accounting prevents the firm's financial statements from accurately reflecting its financial health.
APPEARS IN
संबंधित प्रश्न
Write a short note on Intellectual Property Fraud.
Write a short note on:
Internet and Cyber fraud
This fraud occurs when assets of a company are overstated or its liabilities are understated in order to make it appear financially stronger than what it is in reality.
Any action taken with the intention to obtain a fraudulent benefit from an insurance process is an fraud.
This type of fraud involves a computer and a network.
What is false accounting?
Describe Insurance Fraud.
What do you mean by Internet and Cyber Fraud?
What steps can be taken against financial accounting fraud?
What steps can be taken to protect against Intellectual property Fraud?
