Which of the following statements is FALSE regarding an organization’s fraud risk management program?
A . The program must include mechanisms to monitor and identify breaches in compliance.
B. The responsibility of handling suspected incidents of noncompliance should be delegated to someone outside of the company.
C. Formal sanctions for intentional noncompliance should be well-publicized throughout the company
D. There should be measures in place to address failures in the design or operation of anti-fraud controls, as well as fraud occurrences
Answer: B
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