The correct order of the six elements of the fraud fighting model is:
A)Tone at the Top; Education and Training; Proactive Detection; Integrity Risk and Controls; Reporting and Monitoring; Investigation and Follow-up.
B)Tone at the Top; Education and Training; Integrity Risk and Controls; Reporting and Monitoring; Proactive Detection; Investigation and Follow-up.
C)Education and Training; Integrity Risk and Controls; Reporting and Monitoring; Proactive Detection; Investigation and Follow-up; Tone at the Top.
D)Education and Training; Tone at the Top; Integrity Risk and Controls; Reporting and Monitoring; Proactive Detection; Investigation and Follow-up.

Question

Quizplus · Accepted Answer

The correct order of the six elements of the fraud fighting model is Tone at the Top (establishing a culture of integrity), Education and Training (providing employees with the necessary knowledge and skills to detect and prevent fraud), Integrity Risk and Controls (identifying and assessing potential fraud risks and implementing appropriate controls), Reporting and Monitoring (encouraging and facilitating the reporting of suspected fraud and actively monitoring for red flags), Proactive Detection (taking proactive steps to detect and prevent fraud) and Investigation and Follow-up (investigating and taking appropriate action in response to suspected fraud incidents). This order reflects a logical progression in the approach to preventing and detecting fraud, with each element building off the one before it.

The Correct Order of the Six Elements of the Fraud