Question

Fraud is considered to be:

A. A problem felt only by a few individuals, but not by most people.
B. A mild problem that most businesses need not worry about.
C. A serious problem that continues to grow.
D. A problem that is under control.

Answer 1

Fraud is considered a serious problem that continues to grow due to the increasing use of technology and evolving methods of deception.

Step-by-step explanation:

Fraud is considered to be: C. A serious problem that continues to grow.

Fraud refers to the intentional deception or misrepresentation for personal gain. It includes activities such as identity theft, credit card fraud, and Ponzi schemes. Fraud can have severe consequences, affecting individuals, businesses, and society as a whole. As technology advances, fraudsters find new ways to exploit vulnerabilities, making it an ongoing and serious problem.