means that there are symptoms or red flags that a fraud may be occurring.
A) Predication
B) Vulnerability
C) Audit
D) Presumption

Question

Quizplus · Accepted Answer

Predication refers to the existence of symptoms or red flags that suggest the possibility of fraud occurring. It is a proactive approach that helps organizations detect and prevent fraud before it occurs. Vulnerability refers to weaknesses or gaps in control processes that expose an organization to the risk of fraud. Audit is a process of verifying financial records and transactions to ensure they are accurate and reliable. Presumption is a belief or inference that something is true without having conclusive evidence.

Means That There Are Symptoms or Red Flags That a Fraud