Which of the following is not one of the three-pronged processes of remediation?
A) The prevention and detection of a fraud that has already occurred.
B) The recovery of losses through insurance, the legal system, or other means.
C) Support for the legal process as it tries to resolve the matter in the legal environment.
D) The modification of operational processes, procedures, and internal controls to minimize the chances of a similar fraud recurring.

Question

Quizplus · Accepted Answer

The prevention and detection of fraud is a key aspect of remediation, and is not a separate process. The three-pronged processes of remediation include recovery of losses, support for legal process, and modification of operational processes and controls.

Which of the Following Is Not One of the Three-Pronged