What Is the Term Used to Describe the Policies and Procedures

question 78

Multiple Choice

What is the term used to describe the policies and procedures that are designed to reduce the opportunities for fraud?

• A)Internal controls
• B)Asset source transactions
• C)Accounting standards
• D)Financial systems

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Definitions:

Constrained

Restricted or limited in terms of actions, freedom, or possibilities.

Truth

The quality or state of being in accordance with fact or reality.

Privilege

A special right, advantage, or immunity granted to a particular person or group of people.

Defamation

The act of communicating false statements about a person that injure their reputation.