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.
Examples of FRAUD. 1  He was found guilty of bank fraud. 2  He was the victim of an elaborate fraud. 3  He claimed he was a licensed psychologist, but he turned out to be a fraud. 4  The UFO picture was proved to be a fraud.ull Definition of FRAUD. 1. a: deceit, trickery; specifically: intentional perversion of truth in order to induce another to part with something of value or to surrender a legal right b: an act of deceiving or misrepresenting: trick. 2.