Internal controls can be effective in preventing or detecting all of the following types of fraud except:
A)Customer Fraud
B)Management Fraud
C)Vendor Fraud
D)Employee Fraud

Question

Quizplus · Accepted Answer

Internal controls are designed to prevent or detect fraud within an organization's operations, including customer, vendor, and employee fraud. However, management fraud can be more challenging to prevent or detect because those committing it often have the ability to override or bypass internal controls.

Internal Controls Can Be Effective in Preventing or Detecting All