Which of the Following Statements About Fraud Detection Is Accurate

question 47

Multiple Choice

Which of the following statements about fraud detection is accurate?

• A) Customers and clients are by far the most common source of voluntary fraud detection.
• B) The average fraud lasts about six months before being detected.
• C) Tips are the most common form of fraud detection.
• D) Internal audits are a particularly inefficient means of detecting fraud and are responsible for as little as five percent of detections.

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Definitions:

Racial Stereotypes

Preconceived and oversimplified beliefs about individuals based on their race, often leading to prejudicial attitudes and discrimination.

Word Association

Word association involves the spontaneous or prompted thought connections between words, often used in psychology to explore the relationships and networks within an individual's mental lexicon.

Gaertner and McLaughlin

Researchers known for their contributions to social psychology, particularly in the study of intergroup relations and reducing prejudice.

Derogatory Terms

Language that is disrespectful or offensive, often used to demean or belittle someone.