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Forensic Accounting

Category - Specialized Forensic Knowledge

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What is inclusive fraud?

Fraud related to Statement of Financial Position
Fraud related to owner’s equity
Fraud related to false transactions
All of the above

Explanation

Answer: C - Inclusive fraud refers to false transactions that can impact the accuracy of financial statements. False transactions are those that appear on paper only, i.e., having no substance of reality.

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Forensic Accounting

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