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.
Below are some common types of return fraud: 1  Wardrobing (or renting): Buying clothes or other items for one-time use and then returning them. 2  Stolen Goods: Returning goods shoplifted at the same store or stolen elsewhere.