Which of the following is the most likely reason fraud within a company is detected?

Question

Quizplus · Accepted Answer

Employees reporting suspicions about possible fraud is often the most common way fraud is detected within companies. This is because employees are on the front lines and may notice irregularities or unethical behavior firsthand. Internal audits, external auditors, and sophisticated internal controls are important, but the immediate reporting by observant employees tends to be a more direct and timely way to uncover fraudulent activities.

Which of the Following Is the Most Likely Reason Fraud