Internal controls help to prevent fraud.

Name: Internal controls help to prevent fraud.
Brand: Quizplus
Rating: 5.0 (42 reviews)

Question

Quizplus · Accepted Answer

Internal controls help organizations to establish processes and procedures that prevent or detect fraud. These controls can include segregation of duties, proper authorization and documentation, physical controls, and monitoring and review of transactions. By implementing these controls, organizations can minimize the risk of fraud and unauthorized activities within their operations.

Internal Controls Help to Prevent Fraud