The most frequently reported method of uncovering occupational fraud was:
A) by accident.
B) through internal audits.
C) tips.
D) through internal controls.

Question

Quizplus · Accepted Answer

Tips are consistently reported as the most common method of uncovering occupational fraud in various studies and surveys conducted by the Association of Certified Fraud Examiners (ACFE). In fact, in their 2020 Report to the Nations, tips were responsible for detecting 43% of all fraud cases, compared to only 2% detected by accident and 15% through internal audits. Internal controls ranked higher at 17%, but still not as high as tips.

The Most Frequently Reported Method of Uncovering Occupational Fraud Was