Which of the Following Is a Difference Between Fraud Examination

question 46

Multiple Choice

Which of the following is a difference between fraud examination and fraud detection?

• A) Fraud examination is done before a fraud has been committed, whereas fraud detection is done after a fraud has been committed.
• B) Fraud examination is the investigation specific allegations or suspicions of fraud, whereas fraud detection is the identification of an error or irregularity after it has occurred.
• C) Fraud examination focuses on the time and duration of the fraud, whereas fraud detection focuses on the need or motive of the fraud.
• D) Fraud examination adapts proactive strategies, whereas fraud detection adapts reactive strategies.

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Definitions:

Price-Support Payments

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"Read my Lips"

A famous phrase that often implies a strong promise or commitment, notably used by George H.W. Bush in his 1988 presidential campaign to assure no new taxes.

George H.W. Bush

The 41st President of the United States, serving from 1989 to 1993, known for his foreign policy leadership during the Gulf War and the end of the Cold War.

Roaring 20s

Refers to the 1920s decade characterized by significant economic growth, technological innovation, and cultural flourishing in many Western countries.