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Question ID : 105

As per the India Fraud Survey Report 2012 released by KPMG, around 75 percent surveyed corporate in India believed that the incidences of fraud were on rise. The report indicated that computer-related and e-commerce frauds were the major concerns especially in the coming few years. This survey was being conducted over 1000 firms which included public institutions as well as business establishments.
All these surveyed organisations had an annual revenue ranging from 500 crore Rupees to more than 10000 crore Rupees. The major reasons of these rising frauds were grinding down of the ethical values, weaker internal control system as well as reluctant managers for taking the decisive action.

Now, The question is : 

The percentage of frauds, leaving aside the Intellectual Property (IP) frauds committed by the employees is :

A. 81 %
B. 63 %
C. 41%
D. 75%

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