An important consideration in minimizing the risk of fraud and abuse is defining limits on the dollar value of business transactions that certain employees can process.

Question

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Setting limits on the dollar value of business transactions that employees can process can help prevent fraud and abuse by limiting the potential harm that a single employee can cause. It also provides a clear framework for employees to work within and ensures that all transactions are properly reviewed and approved.

An Important Consideration in Minimizing the Risk of Fraud and Abuse