Which of the Following Is Least Likely to Uncover Fraud

question 55

Multiple Choice

Which of the following is least likely to uncover fraud?

• A) external auditors
• B) internal auditors
• C) internal controls
• D) management

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Definitions:

Golden Parachute

A substantial benefit package given to corporate executives upon termination, often following a merger or takeover.

Dodd-Frank

Enacts financial regulatory reforms aimed at minimizing risk in the financial system following the 2008 crisis.

Executives

Senior-level managers in an organization responsible for strategic decision-making and overall business operations.

Wickard V. Filburn

A landmark 1942 U.S. Supreme Court case that vastly expanded the power of the federal government to regulate economic activities, based on the Commerce Clause.