Targeted fraud risk assessment starts with:
A) a hotline or anonymous tip.
B) the observance of an individual living above his income.
C) a solid knowledge, skill, and ability in fraud detection and investigation.
D) the discovery of fraudulent documents within a particular department.

Question

Quizplus · Accepted Answer

Targeted fraud risk assessment involves a thorough understanding of fraud detection and investigation techniques. Without this knowledge, it is difficult to identify potential areas of fraud risk and develop effective fraud prevention strategies. While the other options may provide clues or indications of potential fraud, they do not necessarily initiate a targeted fraud risk assessment.

Targeted Fraud Risk Assessment Starts With