One of the typical characteristics of management fraud is

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One of the typical characteristics of management fraud is

a. falsification of documents in order to misappropriate funds from an employer
b. conversion of stolen inventory to cash deposited in a falsified bank account
c. victimisation of investors through the use of materially misleading financial statements
d. illegal acts committed by management to evade laws and regulations

Answer: c. victimisation of investors through the use of materially misleading financial statements

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