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What Is Occupational Fraud & How To Prevent It?
- December 20, 2021
- Posted by: Smith & Smith
- Category: Occupational Fraud
Occupational fraud is typically the fraud committed by employees of a firm & this type of fraud has three categories: asset misappropriation, corruption, and financial fraud. About 5% of U.S. firms lose their revenues due to these frauds. Categories Of Fraud Occupational fraud and abuse- classified into three primary classes: Asset Misappropriations: It happens when