When it comes to fraud committed by an organization's employees,the single most effective fraud prevention technique is _______.
A)Holding managers responsible for the actions of their employees
B)Peer monitoring (employees monitor each other)
C)Creating the perception that fraud will be detected and punished
D)A clearly written employee policy manual that explains unacceptable behaviors

Question

Quizplus · Accepted Answer

Creating the perception that fraud will be detected and punished is the most effective fraud prevention technique as it creates a culture of deterrence where employees are less likely to commit fraud if they believe they will be caught and punished. Other prevention techniques like holding managers responsible, peer monitoring, or having a policy manual are also important but may not be as effective on their own.

When It Comes to Fraud Committed by an Organization's Employees,the