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.
Business fraud goes by several different names, including occupational fraud, internal fraud or employee dishonesty. Whatever the name it goes by, the types of business fraud can be categorized into three main areas: bribery and corruption, asset misappropriation and financial statement fraud. In many fraud schemes more than one type of fraud is present. slide 2 of 5.