According to the Wells Report submitted by the Association of Certified Fraud Examiners,what is the number one method for fraud detection?

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According to the Wells Report, tips are the number one method for fraud detection. This is because tips come from employees, customers or vendors who may have information about fraud, and are often the most effective way to detect fraud. Other methods such as internal and external audits and internal controls can also be useful, but tips have been shown to be the most effective.

According to the Wells Report Submitted by the Association of Certified