________ Is a Simple,yet Effective,method for Catching or Preventing Many

question 55

Multiple Choice

________ is a simple,yet effective,method for catching or preventing many types of employee fraud.

• A)Requiring all employees to take annual vacations
• B)Monitoring all employees computer usage activities
• C)Requiring all employees to take a fraud prevention awareness course
• D)Explaining that fraud is illegal and will be severely punished to employees

---

Definitions:

Notes Receivable

Claims held by a creditor that are supported by promissory notes, representing a right to receive payments from debtors.

Correcting Entry

An entry made in the accounting records to amend a previously made mistake or incorrect transaction.

Total Assets

The sum of all assets owned by a company, including cash, investments, equipment, and real estate, reflected on the balance sheet.

Adjustments Columns

Columns in an accounting worksheet used for recording adjustments to journal entries at the end of an accounting period before preparing financial statements.