Final Answer:
The statement given "According to the 2012 Report to the Nations on Occupational Fraud and Abuse, the median loss due to corruption schemes was the highest of the three types of occupational fraud schemes." is true. Option 1 is the answer.
Step-by-step explanation:
The 2012 Report to the Nations on Occupational Fraud and Abuse by the Association of Certified Fraud Examiners (ACFE) highlighted that corruption schemes, including bribery and kickbacks, resulted in the highest median loss compared to other types of occupational fraud. Corruption schemes are particularly damaging as they involve the abuse of entrusted power for personal gain, leading to significant financial losses for organizations.
This underscores the importance of implementing effective anti-corruption measures and internal controls to mitigate the risk of fraudulent activities and protect organizations from substantial financial harm.
Option 1 is the answer.