The Most Effective Measure to Prevent Management Fraud Is to Establish

question 114

True/False

The most effective measure to prevent management fraud is to establish a professional internal audit staff that periodically checks up on management and reports directly to the audit committee of the board of directors.

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Definitions:

Anorexia Nervosa

A potentially life-threatening eating disorder characterized by an abnormally low body weight, an intense fear of gaining weight, and a distorted perception of body weight or shape.

Personality Assessment

The measurement and evaluation of psychological traits, characteristics, and behaviors to understand and predict an individual’s personality.

Obsessive

Characterized by persistent and intrusive thoughts, urges, or images that cause significant distress or anxiety.

Emotionally Restrained

A characteristic of individuals who regulate and often suppress their emotional responses to situations.