Question
Which of the following is a true statement? Once a senior executive has been given responsibility for a fraud risk management program, the governance over
Which of the following is a true statement?
Once a senior executive has been given responsibility for a fraud risk management program, the governance over the program shifts to that executive. | ||
If a single senior executive were assigned responsibility for fraud risk management, other executives would not put significant emphasis on fraud. | ||
It is a leading practice to assign the responsibility for fraud risk management to a single senior executive to establish and organizational commitment and to ensure accountability for the program. | ||
The performance objectives for the people with responsibility for fraud risk management should include metrics on th reduction in reports of fraud allegations over time. |
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