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The two most common types of fraud impacting financial statements are:___________

a. corruption and fraudulent financial reporting.
b. misappropriation of assets and embezzlement.
c. fraudulent financial reporting and e-commerce fraud.
d. fraudulent financial reporting and misappropriation of assets.

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anthougo

The two most common types of fraud impacting financial statements are d. fraudulent financial reporting and misappropriation of assets.

What are the main financial statements frauds?

The main types of financial statement fraud include:

  • Improper revenue recognition
  • Overstatement of assets
  • Understatement of liabilities
  • Misappropriation of assets
  • Improper disclosure.

Experience has shown that revenue recognition is the most common type of financial statement fraud.

Thus, the two most common types of fraud impacting financial statements are Option d.

Learn more about financial statement frauds at https://brainly.com/question/26990784

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