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.
Common types include: 1  bankruptcy fraud. 2  tax fraud (a.k.a. tax evasion) 3  identity theft. 4  insurance fraud. 5  mail fraud. 6  credit/debit card fraud. 7  securities fraud. 8  telemarketing fraud. 9  wire fraud.