What has been verified as the most significant impact for companies who have antifraud controls in place?
a. More employee fraud is prevented.
b. Vicitm organizations have lower losses.
c. More management fraud is prevented.
d. Consumer loyalty is increased.
b
FEEDBACK: a. Incorrect; there is no way to accurately measure fraud that is prevented (does not occur).
b. Correct; antifraud controls help detect fraud sooner when it does occur.
c. Incorrect; there is no way to accuratly measure fraud that is prevented (never happens).
d. Incorrect; customer loyalty may or may not increase as it depends on their knowing of the controls and understanding their significance.
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