Which of the Following Actions by a Chief Audit Executive

question 270

Multiple Choice

Which of the following actions by a chief audit executive would be most effective in preventing fraud?

• A) Ensure that the board is aware of all fraud that has been identified or reported.
• B) Train the internal audit staff in identifying fraud indicators.
• C) Review the adequacy of all policies that describe prohibited activities.
• D) Submit an annual report to the board on all fraud that has been detected.

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Definitions:

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Assets, materials, and other forms of capital that can be utilized by individuals or organizations to achieve specific goals or carry out various functions.

Racial Categories

Classifications of human beings into groups based on physical traits, ancestry, genetics, or social relations, often used in demographic contexts.

Genetically Predisposed

A term referring to the likelihood of inheriting specific traits, behaviors, or conditions based on one's genetic makeup.

Modern Science

The systematic study of the natural and physical world through observation, experimentation, and reasoning, particularly emphasizing empirical evidence and the scientific method.