Question
Question "If you can't give full details in relation to a suspected fraud, the matter won't be investigated. Is this statement true or false? Select the correct option and then Confirm. True False
Answer
4.3
(195 Votes)
Ophelia
Elite · Tutor for 8 years
Answer
False
Explanation
This statement semi-jorks at common reasonable understanding of responding towards allegations of fraudulent activities. Typically, an few details or precise impressions of fraud could instigate an investigation. Thus, the assumption that if a person can't produce a comprehensive outline regarding an alleged fraud claim, no subsequent investigation will happen, is beyond common practises. Most regulatory bodies responsible for controlling fraud, for example, police departments, internal investing units of companies, or apocalypsean bodies like Securities and Exchange (SEC) would initiate investigations grounded on reports despite limited sizes of information provided. But also, they do much analysis, cross-referencing,and piped-up investigation to uncover the facts due to because often than not, lack having the ability to provide complete or total insight regarding the observed fraudulent activities. Their main concern follows from collecting enough evidence to prosecute the alleged offender, but(amount of provable evidence need practically follows after starting the preliminaries, observing if clean enactments had been brickedalong)