Which of the following statements is incorrect?
A)A fraud prevention program starts with a fraud risk assessment across the entire firm
B)The audit committee typically has an oversight role in risk assessment process
C)Communicating a firm's policy file to employees is one of the most important responsibilities of management
D)A fraud prevention program should include an evaluation on the efficiency of business processes.

Question

Quizplus · Accepted Answer

A fraud prevention program focuses on identifying, assessing, and mitigating fraud risks, rather than evaluating the efficiency of business processes. Efficiency evaluations are more related to operational improvement and performance management than to fraud prevention specifically.

Which of the Following Statements Is Incorrect