Fraud detection and fraud examination describes reactive strategies while fraud deterrence describes proactive strategies.

Question

Quizplus · Accepted Answer

Fraud detection and fraud examination are methods used to identify and investigate fraud after it has occurred, making them reactive strategies. On the other hand, fraud deterrence involves implementing measures to prevent fraud from occurring in the first place, making it a proactive strategy.

Fraud Detection and Fraud Examination Describes Reactive Strategies While Fraud