When it comes to defending against employee fraud,regulators look favorably on companies that can demonstrate good __________ and best practices in operational risk management.
A)Corporate governance
B)Access to legal counsel
C)Relationships with security vendors
D)Awareness of industry standards

Question

Quizplus · Accepted Answer

Corporate governance refers to the systems and processes used by companies to direct and control their operations, including measures to prevent fraud and misconduct. Regulators consider strong corporate governance an essential component of effective operational risk management. While the other choices may be important, they are not as directly related to fraud prevention and regulatory compliance.

When It Comes to Defending Against Employee Fraud,regulators Look Favorably