Which of the following indicates proactive fraud auditing?
a. creating an awareness among employees that their actions can be reviewed at any time
b. establishing controls to discourage collusion between employees
c. creating an expectation of punishment for a fraud act.
d. establishing a system of segregation of duties throughout the organization
a
FEEDBACK: a. Correct
b. Incorrect, in order to audit for fraud, the controls have to already be in place.
c. Incorrect, creating an expectation of punishment is part of the organization culture.
d. Incorrect, segregation of duties is a control set up previously.
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