When implementing preventative or detective controls:
A) 75% of the money should be invested in detective controls.
B) Half of all control funds should be spent on preventative controls.
C) The costs associated with them should be weighed against the benefits.
D) For every preventative or detective control, one corrective control should be implemented.
Correct Answer:
Verified
Q29: Fraud detection is considered a secondary layer
Q30: The fraud triangle will often times involve
Q31: Pattern data analysis is also known as:
A)
Q32: Which of the following is a preventative
Q33: Many government agencies also have an inspector
Q35: Under Benford's Law:
A) All numbers should occur
Q36: ERM stands for:
A) Electronic Risk Measurements.
B) Environmentally
Q37: Total Fraud Costs (TFC) =
A) Personnel Costs
Q38: The three risk management controls are:
A) Preventative,
Q39: Despite the use of SAS 99, not
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