Ask Question
BusinessBusiness
14 May, 12:26

For an action to be called fraudulent, all of the following conditions are required except:

A. poor judgment

B. false representation

C. intent to deceive

D. injury or loss

+4
Answers (1)
  1. 14 May, 15:32
    0
    Poor judgment

    Explanation:

    In simple words, fraudulent activities refers to the actions that are intentionally taken by an individual to deceive or harms some other party. One can perform fraudulent activities in various different aspects such as legal fraud, financial fraud or investment fraud etc.

    Fraudulent activities involves representing false information or deliberately concealing facts from some other party for the purpose of attaining the objective that could not have been achieved if full facts were presented at first.

    Any activity done by the guilty party due to poor judgment will not be considered as fraud because the nothing was hidden and there was no intention to harm.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “For an action to be called fraudulent, all of the following conditions are required except: A. poor judgment B. false representation C. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
In 2021, the controller of Sytec Corporation discovered that $62,000 of inventory purchases were incorrectly charged to advertising expense in 2020.
Answers (1)
When performing a consolidation, if the balance sheet does not balance? the debit and credit totals of the adjusting/eliminating columns of the consolidation working paper should be checked to confirm that they balance, and if so, then there is no
Answers (1)
Daley Co. owns a mineral deposit with an estimated 600,000 tons of available ore. It was purchased for $300,000 and has no salvage value. During the current period, Daley mined and sold 40,000 tons of ore.
Answers (1)
A company has a $36 million portfolio with a beta of 1.2. The futures price for a contract on the S&P index is 900. Futures contracts on $250 times the index can be traded. What trade is necessary to achieve the following.
Answers (1)
It is acceptable to close the store, let the employees walk to their cars, and return to the store to finish paperwork if you lock the front door securely behind you
Answers (1)
New Questions in Business
A new opportunity arises for Quixote Metal Supply just before the holidays. A Request for Proposals (RFP) is distributed by the government seeking metal suppliers to fill a vacancy in the supply chain to build x-ray machines for airports across the
Answers (1)
A two-dimensional table of data sometimes is called a. question 22 options: a. relation. b. group. c. set. d. declaration.
Answers (1)
Real GDP per capita Multiple Choice 1. can grow either more slowly or more rapidly than real GDP. 2. cannot grow more slowly than real GDP. 3. cannot grow more rapidly than real GDP. 4. necessarily grows more rapidly than real GDP.
Answers (1)
Flex Co. just paid total dividends of $525,000 and reported additions to retained earnings of $1,575,000. The company has 495,000 shares of stock outstanding and a benchmark PE of 15.1 times. What stock price would you consider appropriate? a.$52.
Answers (1)
Which of the following would be subtracted from net income when determining cash flows from operating activities under the indirect method? An increase in accounts payable. Depreciation expense. A decrease in prepaid insurance.
Answers (1)
Home » Business » For an action to be called fraudulent, all of the following conditions are required except: A. poor judgment B. false representation C. intent to deceive D. injury or loss
Sign Up Forgot Password?