Which of the following actions by a chief audit executive would be most effective in preventing fraud?
Which of the following actions by a chief audit executive would be most effective in preventing fraud?
Training the internal audit staff in identifying fraud indicators is the most effective action a chief audit executive can take to prevent fraud. By equipping the audit staff with the knowledge and skills to recognize early signs of fraud, they can proactively detect and address potential issues before they escalate. This preventative approach is more effective than simply reviewing policies, informing the board, or submitting reports after fraud has been detected.
Why C and not B?