The First Step to Detecting Fraud Is To

question 31

Multiple Choice

The first step to detecting fraud is to:

• A) build an internal control system.
• B) establish an audit committee and identify its authority.
• C) seek out red flag transactions and possible anomalies.
• D) build an understanding of the organization and the environment in which it operates.

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Definitions:

HIPAA Privacy Standards

Regulations established to protect the privacy and security of individuals' health information, set forth by the Health Insurance Portability and Accountability Act.

Documented Permission

Formal consent obtained in writing, indicating agreement or authorization for something to occur.

Closed-Ended Question

A question format that limits respondents to a predetermined set of responses, often "yes" or "no" answers.

Patient Screening

The process in healthcare settings used to identify the presence of a disease or condition in individuals before symptoms appear, often through tests and assessments.