It is often argued that the best people to detect crime are those who know how...

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Finance

It is often argued that the best people to detect crime arethose who know how to commit the crime. With this in mind, howwould you commit the perfect fraud? You can use your organizationor a “fictitious” organization. What weaknesses would you look totake advantage of? How would you make sure that your fraud was notdetected? If you had to identify one item that would be thegreatest deterrent to you – what would that be? Your posting shoulddemonstrate that you understand fraud from the inside.

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In an organisation where the right to createedit the vendor bank details is available with the person responsible for making payments there exist high chances of manipulation in the vendor database If i    See Answer
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It is often argued that the best people to detect crime arethose who know how to commit the crime. With this in mind, howwould you commit the perfect fraud? You can use your organizationor a “fictitious” organization. What weaknesses would you look totake advantage of? How would you make sure that your fraud was notdetected? If you had to identify one item that would be thegreatest deterrent to you – what would that be? Your posting shoulddemonstrate that you understand fraud from the inside.

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