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Which Statement Is False

question 100

Multiple Choice

Which statement is false?


Definitions:

Internal Auditors

Professionals who perform audits within an organization to assess the effectiveness of its risk management, control, and governance processes.

Employee Collusion

When two or more employees work together secretly and deceitfully to commit fraud or theft against their employer, often undermining the employer's interests.

Internal Control

Procedures and policies implemented by a company to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.

Signature Card

A document that a bank keeps on file with the signatures of all the authorized signatories for an account.

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