The word ARMY was not intended to be an acronym for anything. Army simply means a group of men that are armed to fight other groups of armed men.
Answer added by: Abd ElRahman Mohammed Idris Mohammed Internal Audit Manager 2 years ago. The three main types of fraud are: 1- Misstatements (fraudulent financial reporting). 2.- Misappropriation of company assets (theft) 3- Corruption (bribes, conflict of interests.) 0 Comments.
Different types of fraud: Card Skimming: Criminals install devices on ATMs to obtain/skim the card account details and record the PIN number entered by a customer. This information is then used to make unlawful cash withdrawals with counterfeit cards.