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Which of the following is true about fraud: (Select all that apply). Fraud is an intentional act by one or more individuals among management, those
Which of the following is true about fraud: (Select all that apply). Fraud is an intentional act by one or more individuals among management, those charged with governance, employees, or third parties, to deceive Fraud can only be perpetrated by an individual acting alone or through collusion with other people inside an organization. In healthcare entities, fraud often also impacts government-funded programs such as Medicare and Medicaid. Fraud, generally speaking can takes the form of conflicts of interest benefitting parties either inside or outside the organization Fraud generally takes the form of fraudulent financial reporting, misappropriation of assets (stealing) Fraud may be perpetrated by an individual acting alone or through collusion with other people inside and outside the organization
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