What is the most widely recognized way to deter fraud?
a. Encourage employees to report suspicious activity.
b. Implement a good system of controls.
c. Keep management involved in company procedures.
d. Quickly punish employees found committing fraud.
b
FEEDBACK: a. Incorrect. Interviewing is not the best way to deter fraud.
b. Correct.
c. Incorrect. Management may also be involved in fraud, so this is not the best way to deter fraud.
d. Incorrect.
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