List the Following Steps Regarding Computer Fraud Risk Assessments in Sequence

question 12

Short Answer

List the following steps regarding computer fraud risk assessments in sequence.
(a)Assessing the likelihood and business impact of a control failure and/or a fraud incident.
(b)Mapping existing controls to potential fraud schemes and identifying gaps.
(c)Identifying potential IT fraud schemes and prioritizing them based on likelihood and impact.
(d)Identifying relevant IT fraud risk factors.
(e)Testing operating effectiveness of fraud prevention and detection controls.

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Definitions:

Reinforcing

A process in operant conditioning that increases the likelihood of a behavior by providing a consequence that is desirable.

Shaping

A method of teaching new behaviors by rewarding closer and closer approximations to the desired behavior.

Acquiring

The process of obtaining or gaining possession of something.

Cognitive-Behavioral Therapy

A psychotherapeutic approach that aims to solve problems concerning dysfunctional emotions, behaviors, and cognitions through a goal-oriented, systematic process.