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Forensic Accounting

Category - Specialized Forensic Knowledge

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What does the fraud-on-the-market theory refer to?

Inclusive fraud
Exclusive fraud
Exhaustive fraud
All of the above

Explanation

Answer: D - The fraud-on-the-market theory refers to all the above-mentioned types of fraud. There are different connotations in terms of how is it evaluated. Inclusive, exclusive, and exhaustive types of fraud relate to the fraud-on-the market theory.

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