Which of the following will not reduce the likelihood of an occurrence of fraud?
A) encryption of data and programs
B) use of forensic accountants
C) adequate insurance coverage
D) required vacations and rotation of duties

Question

Quizplus · Accepted Answer

Adequate insurance coverage does not reduce the likelihood of fraud. It may mitigate the financial impact of any fraud occurrence, but it does not prevent it from happening. The other options - encryption of data and programs, use of forensic accountants, and required vacations and rotation of duties - all contribute to reducing fraud occurrences.

Which of the Following Will Not Reduce the Likelihood of an Occurrence