The first step to uncovering revenue fraud is to:
A) determine how each transaction could be misstated.
B) evaluate the efficiency of the management.
C) analyze and diagram the various transactions between an organization and its customers.
D) identify scheme-specific symptoms and proactively search for more fraud.

Question

Quizplus · Accepted Answer

Analyzing and diagramming the transactions between an organization and its customers helps to identify potential areas of revenue fraud. By understanding the flow of transactions, it becomes easier to identify any inconsistencies or potential issues that may arise. This is the first step in uncovering revenue fraud, as it provides a clear understanding of the organization's revenue stream and where fraudulent activities may occur.

The First Step to Uncovering Revenue Fraud Is To