The main deterrent for fraud in the corporate environment:
A) remains the internal audit team.
B) remains the external audit team.
C) is the threat of getting caught.
D) is the effectiveness of the SEC and FBI investigators.

Question

Quizplus · Accepted Answer

The threat of getting caught is typically the main deterrent for fraud in the corporate environment. Internal and external audit teams, as well as investigators from the SEC and FBI, can serve as additional measures for detecting and preventing fraud, but the fear of the consequences of being caught is typically the most effective deterrent.

The Main Deterrent for Fraud in the Corporate Environment