Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. please no handwritten or copied answers what is th

PLEASE NO HANDWRITTEN OR COPIED ANSWERS What is the medium timeframe for detection of fraud schemes?

50.1K

Verified Solution

Question

Finance

PLEASE NO HANDWRITTEN OR COPIED ANSWERS

What is the medium timeframe for detection of fraud schemes?

Answer & Explanation Solved by verified expert
3.8 Ratings (315 Votes)
There is no specific timeframe for the detection of fraud but the severity and adverse impact of fraud on the organization business activities will require early detection of the fraud and then prevention and corrective measures can be taken to reduce the impact of the fraud As frauds cannot be reduced to the fullest extent but its impact can be reduced to an acceptable extent Frauds may also be discovered as a result of controls and mechanisms put in place on the advice of internal and external auditors A lot of frauds however are discovered accidentally or as a result of information received either via    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

PLEASE NO HANDWRITTEN OR COPIED ANSWERSWhat is the medium timeframe for detection of fraud schemes?

Other questions asked by students

Q

Chapter Review Delivering bad news messages is never easy however if you know the appropriate...

Basic Math
Q

Mammalogy: Compare and contrast Homoplasy Parallelism Convergence   Phylogeny Cladistic grouping Phylogeny

Biology
Q

Which of the following can change the frequency of a wave? a) interference b) the Doppler...

Physics
Q

Examine the product life cycles for your chosen two products relative to how it affects the...

General Management
Q

solve the following LP. Formulate and algebraically solve the problem. Show all steps. what is the new...

Advance Math
Q

The K-T Boundary is significant because dinosaur remains can only be found above this thin...

Biology
Q

F 1 F 3 r R3 3 R 26 Which of the following quantities is...

Physics
Q

State the coordinates of the point 10 9 8 7 6 5 4 3 2...

Geometry
Q

formula can be expressed as h xo xo h xo 2 x0 0 h 1...

Basic Math
Q

Projected 20X1 annual data for Bobcat Company at a budgeted sales volume of 100,000 units,...

Accounting
Q

Assignment 7 USE GAAP CODIFICATION Answer the questions associated with each of the...

Accounting
Q

Namiki, CPA, is auditing the financial statements of Taylor Corporation for the year ended December...

Accounting