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What is Financial Accounting Fraud? State its motives. - Commercial Studies

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What is Financial Accounting Fraud? State its motives.

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उत्तर

Fraud happens when a corporation overstates its assets or understates its obligations to appear financially stronger than it actually is.

  1. Accounts can be altered, destroyed, or defaced by organisations or their employees.
  2. False accounting prevents the firm's financial statements from accurately reflecting its financial health.
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Financial Fraudulent Practices
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पाठ 14: Banking - EXERCISES [पृष्ठ २५७]

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गोयल ब्रदर्स प्रकाशन Commercial Studies [English] Class 10 ICSE
पाठ 14 Banking
EXERCISES | Q 11. i | पृष्ठ २५७
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