need Help person response

In your responses to your peers, critique their internal control proposals and provide constructive suggestions for improving them. What aspects or risks might they have overlooked? What would you suggest to make their proposals more effective and feasible?

There are several ways to prevent fraud. The first is ensuring employees are aware of all policies and capable of following them. I would also separate the roles between multiple employees. This makes it very hard for one person to commit fraud. There would have to be multiple employees involved. This would be less likely than a single person committing fraud. I would also require approval from a member of management for expenses. Another thing I would consider is storing assets in a secure area.