Policies and Procedures Designed to Reduce the Opportunities for Fraud

question 130

Multiple Choice

Policies and procedures designed to reduce the opportunities for fraud are often called:

• A)internal controls
• B)asset source transactions
• C)accounting standards
• D)financial systems

---

Definitions:

Boundary Spanning

Activities or behaviors that involve interactions, collaborations, or exchanges across different organizational or social boundaries.

Overlap

The extent to which different tasks, interests, or responsibilities share common elements, areas, or aspects.

Boundary Spanner

An individual who operates at the edges or interface of two or more domains, groups, or organizations, facilitating interaction and understanding.

Information Broker

An individual or entity that collects, compiles, and distributes information from various sources.