What is the best way to prevent and detect conflicts of interest? 1. An effective control environment,
Question:
What is the best way to prevent and detect conflicts of interest?
1. An effective control environment, including an ethical “tone at the top”
2. Segregation of duties
3. Bank reconciliations
4. Transparent and full disclosure
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Step by Step Answer:
To prevent and detect conflicts of interest implementing a combination of measures is generally recommended The options you mentioned can all play a role in mitigating conflicts of interest but lets e...View the full answer
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Related Book For 
Forensic Accounting And Fraud Examination
ISBN: 9781119494331
2nd Edition
Authors: Mary Jo Kranacher, Richard Riley
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