How Does a Company Make Fraud Less Likely to Occur

question 82

Essay

How does a company make fraud less likely to occur?

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Definitions:

Final Control Element

The Final Control Element in a control system is the device, such as a valve or actuator, that directly manipulates the physical process based on control signals.

Integral Action

A control action in which the controller output is proportional to the duration and magnitude of the error signal, commonly used in PID controllers.

Proportional Plus Derivative

A control method in feedback system design that uses a combination of the proportional and derivative actions to improve system response and stability.