Question

What type of fraud involves intentional deception on the part of an individual or group in order to derive an unfair

economic advantage over an organization?
a. Channel
b. Integrative
c. Consumer
d. Product
e. Conventional

Answer 1

Conventional fraud involves intentional deception for economic advantage.

Step-by-step explanation:

The type of fraud that involves intentional deception on the part of an individual or group in order to derive an unfair economic advantage over an organization is conventional fraud. Conventional fraud typically involves illegal activities such as false financial reporting, embezzlement, or bribery. It aims to manipulate financial records or exploit loopholes in the system for personal gain.