What Is a Purpose of Proactive Fraud Auditing

question 4

Multiple Choice

What is a purpose of proactive fraud auditing?

• A) It creates an atmosphere of distrust between and among employees.
• B) Its purpose is to deter employees from committing fraud.
• C) It provides ways for employees to deal with personal pressures.
• D) It eliminates collusion as a means of committing fraud.

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Definitions:

European Euro

The official currency of the eurozone, which is used by many of the European Union's member states as their primary currency.

U.S. Dollar

The sanctioned monetary unit of the United States, commonly employed worldwide as a reference and reserve currency.

Fixed Exchange-rate System

A currency value regime where a country's currency is pegged at a set value to another currency, a basket of currencies, or a commodity like gold.

Foreign Exchange Market

A global decentralized or over-the-counter market for trading currencies, facilitating international trade and investment.