Controls That Can Be Instituted to Prevent Financial Fraud Includes

question 90

Multiple Choice

Controls that can be instituted to prevent financial fraud includes

• A)separation of duties where a single person carrying out a series of tasks could commit fraud and take steps to hide it.
• B)the presence of the independent auditors and their review of a company's internal controls.
• C)the presence of the internal auditors and their review of a company's internal controls.
• D)All of the answers are correct.

---

Definitions:

Source Amnesia

A memory disorder where an individual can remember certain information but is unable to recall how, when, or where they learned it.

Hypnotic Suggestion

A technique used in hypnosis where a suggestion is made to the individual to trigger a change in perception, cognition, or behavior.

Spacing Effect

A phenomenon where learning is more effective when study sessions are spaced out over time rather than conducted in one single marathon session.

Repressed Memories

Memories that have been unconsciously blocked due to being associated with a high level of stress or trauma.