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.
In fact, thatâs fraud. Itâs a crime. And, together, it costs us billions of dollars every year. Here are 10 common types of fraud youâre apt to encounter on any given day and ways to avoid them. 1. Phony Checks. This is a simple and easy fraud. Someone pays you with a check when thereâs actually little or no money in the account. To protect yourself, never take a check that doesnât include an address and confirm both the name and address against the buyerâs driverâs license.