Which of the Following Statements Is Incorrect

question 46

Multiple Choice

Which of the following statements is incorrect?

• A)A fraud prevention program starts with a fraud risk assessment across the entire firm
• B)The audit committee typically has an oversight role in risk assessment process
• C)Communicating a firm's policy file to employees is one of the most important responsibilities of management
• D)A fraud prevention program should include an evaluation on the efficiency of business processes.

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Definitions:

Esprit De Corps

A feeling of pride, fellowship, and common loyalty shared among members of a group or organization.

Behaviors

The actions or reactions of a person or animal in response to external or internal stimuli.

Effective Team Member

An individual who contributes positively to the collective efforts of a group through collaboration, skill, and constructive communication.

Coordinates

Involves the numerical values that determine the precise position of a point in a space, often used in geographical mapping and graph plotting.