An approach used by many companies to reduce the risk of loss caused by the theft of assets by employees is to:
A)Utilize polygraphs
B)Acquire arbitrage loss protection
C)Acquire fidelity bond coverage
D)Institute punitive management

Question

Quizplus · Accepted Answer

Acquiring fidelity bond coverage is a common method used by companies to protect themselves against losses caused by fraudulent acts or theft by employees. A fidelity bond is a form of insurance protection that covers policyholders for losses that they incur as a result of fraudulent acts by specified individuals. It usually insures a business for losses caused by the dishonest acts of its employees.

An Approach Used by Many Companies to Reduce the Risk