What Is the Most Cost-Effective Approach to Managing Fraud

question 35

Multiple Choice

What is the most cost-effective approach to managing fraud?

• A)prevention
• B)detection
• C)prosecution
• D)compliance

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Definitions:

Interest Rate

The fraction of a quantity of money levied for borrowing it, often shown as a yearly percentage rate.

Investment

The act of allocating resources, usually money, in the expectation of generating an income or profit.

Government Bonds

Debt securities issued by a government to support government spending and obligations.

Mutual Funds

Investment programs funded by shareholders that trade in diversified holdings and are professionally managed.