Question

Which statement is false?

-Fraud courses are increasing in the United States.
-Practitioners rank litigation services higher than educators.
-Finding fraud is not easy.
-Arthur Anderson was the auditor at HealthSouth during the massive fraud.
-None of the above.

Answer 1

The false statement is that Arthur Anderson was the auditor for HealthSouth during the fraud; it was actually Ernst & Young. Fraud courses are increasing in the US, and practitioners often view litigation services as paramount, while finding fraud is inherently challenging.

Step-by-step explanation:

The false statement among the options provided is "Arthur Anderson was the auditor at HealthSouth during the massive fraud." In reality, the auditing firm for HealthSouth during its accounting scandal was Ernst & Young. This error points to the importance of accuracy in financial reporting and auditing.

Fraud courses are indeed increasing in the United States as businesses seek to protect themselves from financial misconduct. Practitioners in the field of accounting and finance may indeed rank litigation services higher than educators due to the nature of their profession which involves practical applications of these services. Moreover, it's widely acknowledged that finding fraud is not an easy task as it often involves intricate schemes designed to deceive auditors and regulatory bodies.