Where Does the Responsibility for Preventing and Detecting Fraud Rest

question 57

Multiple Choice

Where does the responsibility for preventing and detecting fraud rest?

• A)With client management and those charged with governance
• B)With the auditors
• C)Solely with the CEO
• D)Solely with the CFO

---

Definitions:

Nonaromatic

Organic compounds that do not meet the criteria for aromaticity, lacking the special stability of aromatic systems.

Pyridine

A basic nitrogen-containing heterocyclic aromatic compound, resembling benzene but with one CH group replaced by a nitrogen atom.

Pyrrole

An aromatic heterocyclic organic compound, consisting of a five-membered ring with one nitrogen atom. It is the foundation for many natural and synthetic compounds including pharmaceuticals.

Aromatic

Refers to a class of compounds that contain one or more planar ring structures with delocalized π-electron systems, leading to stable and often fragrant molecules.