Which of the Following Is NOT a Method That an Organization

question 14

Multiple Choice

Which of the following is NOT a method that an organization can adopt to proactively eliminate fraud opportunities?

• A) Accurately identify sources and measure risks.
• B) Implement appropriate preventative and detective controls.
• C) Create widespread monitoring by employees.
• D) Eliminate protections for whistle-blowers.

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Definitions:

Fair Presentation

An accounting principle that financial statements should be honest, complete, and conform to accepted standards, providing a true and accurate view of an entity's financial position.

Unbiased

Free from prejudice or favoritism, ensuring fair, impartial, and objective decision-making or presentation.

Changes in Equity

Adjustments in a company's equity over a period due to earnings, losses, dividends, and other capital changes.