Final answer:
Advances in technology have had a significant impact on the size and frequency of frauds committed.
Step-by-step explanation:
False. Advances in technology have had a significant impact on the size and frequency of frauds committed. With the development of computer systems and the internet, fraudsters now have more sophisticated tools and methods at their disposal. Cybercrime, identity theft, and online scams are all examples of frauds that have become more prevalent with the advancement of technology.