Which of the Following Is Not a Good Way to Eliminate

question 7

Multiple Choice

Which of the following is not a good way to eliminate opportunities for fraud?

• A) Install good internal controls
• B) Discreetly and quietly terminate employees who have been caught
• C) Discourage collusion
• D) Monitor employees

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Definitions:

Theory of Constraints

A methodology that focuses on identifying and managing the most significant limiting factor (constraint) that stands in the way of achieving a goal.

Recognizing Constraints

The process of identifying and acknowledging the limitations or restrictions that impact the efficiency and effectiveness of a system, project, or process.

Managing Constraints

The methodical process of identifying, analyzing, and addressing limitations that hinder achieving objectives in operations or projects.

Break Even

The point at which total revenues equal total costs, resulting in neither profit nor loss.