Explain How Fraud Detection Relates to Enterprise Risk Management

question 26

Essay

Explain how fraud detection relates to enterprise risk management.

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Definitions:

Teamwork Skills

Teamwork skills involve the ability to work effectively and collaboratively with others to achieve a common goal, encompassing communication, cooperation, and conflict resolution.

Computer Skills

The ability to use computers and related technology efficiently, with a range of skills covering programming, software use, and the ability to utilize computer applications effectively.

Technical Skills Training

Instruction aimed at imparting specific skills and knowledge needed to perform particular tasks or jobs, especially relating to technology or applied sciences.

Non-Technical Skills

Abilities that do not involve technical knowledge or expertise, such as communication, teamwork, problem-solving, and leadership.