Fraud Was Suspected in the IT Department of Company ABC

question 61

Multiple Choice

Fraud was suspected in the IT department of Company ABC.The CEO called on the VP of Finance to do a complete review of the IT department financial processes.What is the name for this review activity?

• A)internal controllership
• B)external controllership
• C)internal auditing
• D)external auditing

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Definitions:

Medicare Benefits

Government-funded health insurance benefits available to eligible individuals, typically those who are 65 or older, or those with certain disabilities.

Coinsurance

A percentage that a patient is responsible for paying for each service after the deductible has been met.

Deductible

The amount you pay for health care services before your health insurance begins to pay.

Assignment

The allotment or designation of a task, duty, or responsibility to someone.