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skelet666 [1.2K]
3 years ago
12

The presence of fraud risk factors increases the likelihood of fraud and may suggest that fraud is being perpetrated.

Business
1 answer:
Shkiper50 [21]3 years ago
7 0

Answer:

True

Explanation:

Fraud risk can be regarded as the

possibility of a firm been a prey of any fraudulent activity, it could be altering of financial records or extortion even stealing from the company, fraud can bring down a grown organization if not tackled. It should be noted that The presence of fraud risk factors increases the likelihood of fraud and may suggest that fraud is being perpetrated.

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Answer:

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