Practice Quiz

Forensic Accounting

Category - Specialized Forensic Knowledge

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Where does the difference between error and fraud lie?
  1. Ability to maneuver
  2. Intent
  3. Varies from case to case
  4. Varies from individual to individual
Explanation
Answer: B - Intent is the difference between an error and fraud. An error is not deliberate. On the contrary, fraud is the intent to mislead.
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