The Primary Way That Fraud Is Prevented,detected,or Corrected Is Through

question 117

Multiple Choice

The primary way that fraud is prevented,detected,or corrected is through a proper system of:

• A)ethical standards and a code of ethics.
• B)policies developed by upper management.
• C)internal control.
• D)internal and external audits.

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Definitions:

Skill Development

Refers to the process of identifying, cultivating, and honing one's abilities and knowledge to improve competence and performance in various tasks.

Experiential Learning

An educational approach focused on learning through direct experience and reflection on doing.

Safe Environment

A setting or situation that provides security and protection, minimizing risks of harm or danger to individuals.

Open and Responsive

A characteristic of being willing to listen, adapt, and react positively to feedback, suggestions, and changes in the environment.