positive fraud Sentence Examples
- Despite the company's proactive security measures, they were still vulnerable to positive fraud.
- The employee's manipulation of the accounting system resulted in a significant case of positive fraud.
- Positive fraud occurs when an employee intentionally records a transaction to inflate the company's financial statements.
- The company discovered the positive fraud through a thorough internal audit and investigation.
- The positive fraud scheme involved overstating revenues and understating expenses.
- The controller's embezzlement was a clear example of positive fraud, as he created fictitious invoices to divert funds.
- Positive fraud can have severe consequences for both the company and the perpetrators.
- Auditors must be vigilant in detecting positive fraud, as it can be difficult to identify.
- The company implemented new controls to prevent future incidents of positive fraud.
- The positive fraud investigation led to the termination of several employees and legal action.
positive fraud Meaning
Wordnet
positive fraud (n)
actual deceit; concealing something or making a false representation with an evil intent to cause injury to another
Synonyms & Antonyms of positive fraud
No Synonyms and anytonyms found
FAQs About the word positive fraud
actual deceit; concealing something or making a false representation with an evil intent to cause injury to another
No synonyms found.
No antonyms found.
Despite the company's proactive security measures, they were still vulnerable to positive fraud.
The employee's manipulation of the accounting system resulted in a significant case of positive fraud.
Positive fraud occurs when an employee intentionally records a transaction to inflate the company's financial statements.
The company discovered the positive fraud through a thorough internal audit and investigation.
