When There Is Proper Segregation of Duties, the Likelihood of Fraud

question 172

Short Answer

When there is proper segregation of duties, the likelihood of fraud is reduced so that an employee attempting to carry out a fraudulent scheme would have to work in ____________________ with another employee.

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Definitions:

Business Processes

Business processes are a series of steps performed by a group of stakeholders to achieve a concrete goal, typically involving how work is planned, executed, monitored, and optimized within a company.

Patentable

Eligible to be protected under patent law because it is new, novel, and not obvious, thus can be officially registered as a patent.

Intellectual Property

Legal rights that result from intellectual activity in the industrial, scientific, literary, or artistic fields.

Creative Processes

The steps and methods involved in generating innovative ideas or outcomes, often involving brainstorming, experimentation, and revision.