Question: Which of the following statements accurately describes a fraud detection technique in accounting? a) Fraud detection relies solely on analyzing financial statements. b) Regular internal audits are unnecessary for fraud detection. c) Segregation of duties is an effective fraud detection measure. d) Fraud detection techniques do not require the use of technology.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Question: Which of the following statements accurately describes a fraud detection
technique in accounting? a) Fraud detection relies solely on analyzing financial
statements. b) Regular internal audits are unnecessary for fraud detection. c)
Segregation of duties is an effective fraud detection measure. d) Fraud detection
techniques do not require the use of technology.
Transcribed Image Text:Question: Which of the following statements accurately describes a fraud detection technique in accounting? a) Fraud detection relies solely on analyzing financial statements. b) Regular internal audits are unnecessary for fraud detection. c) Segregation of duties is an effective fraud detection measure. d) Fraud detection techniques do not require the use of technology.
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