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प्रश्न
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.
पर्याय
Credit card fraud
false accounting fraud
insurance fraud
intellectual property fraud
उत्तर
false accounting fraud
Explanation:
A false accounting 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. An organisation or its employee may alter, destroy or deface any account. Due to false accounting, the financial statements of the firm do not reflect a true and fair picture of its financial health.
APPEARS IN
संबंधित प्रश्न
Write a short note on False Accounting Fraud.
Any action taken with the intention to obtain a fraudulent benefit from an insurance process is an fraud.
This is a fraud involving property that is protected under patent, trademark, copyright and trade secret laws.
This type of fraud involves a computer and a network.
Explain in brief Credit Card Fraud?
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?
What is Financial Accounting Fraud? State its motives.
