Which of the following is considered a common red flag indicator in helping to uncover fraud?
Which of the following is considered a common red flag indicator in helping to uncover fraud?
Improper segregation of duties is considered a common red flag indicator in uncovering fraud because it can allow an individual to both initiate and conceal fraudulent activities without oversight. This lack of checks and balances creates an environment where fraud can easily occur and go undetected.
I feel all the choices would indicate fraud..
in question, it clearly mentioned fraud and red flags, one of the main purpose of fraud is the financial difficulties
Not sure if D is referring to individual or the company