Free CFE - Law Exam Braindumps (page: 17)

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Which of the following are not of Basic types of non-sharable problems?

  1. Violation of ascribed obligations
  2. Business reversals
  3. Physical Isolation
  4. Larceny by Fraud

Answer(s): D



________________involves purposeful misreporting of financial information about the organization that is intended to mislead those who read it.

  1. Fraudulent statement
  2. Corruption
  3. Asset misappropriations
  4. None of above

Answer(s): A



Asset misappropriation schemes were the "middle children" of the study; they were more common than fraudulent statements and more costly than corruption.

  1. True
  2. False

Answer(s): B



According to Marshall, _____________are probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or events.

  1. Assets
  2. Liabilities
  3. Credentials
  4. None of above

Answer(s): A






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