Which of the Following Is Not a Possible Fraud Prevention

question 64

Multiple Choice

Which of the following is not a possible fraud prevention strategy/technique?

• A) Including "right-to-audit" clauses on purchase invoices.
• B) Instigate a zero tolerance policy with regards to fraud in the workplace.
• C) Effectively screen potential employees.
• D) All of the above are possible fraud prevention strategies/techniques.

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Definitions:

Real Rate of Interest

The real rate of interest is the rate of interest an investor expects to receive after allowing for inflation, reflecting the true earning potential of an investment.

Financial Risk

The risk of experiencing financial loss from an investment or business endeavor.

Insurable Risk

A risk that meets the criteria of an insurance policy, meaning it is possible to calculate both the probability and the potential cost of the risk.

Uninsurable Risk

A risk that is not acceptable for insurance coverage due to its high likelihood of loss.