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Forensic Accounting

Category - Specialized Forensic Knowledge

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Who is responsible for implementing internal controls related to fraud prevention and detection?

Employees
Management
Internal auditor
External auditor

Explanation

Answer: B - It is the responsibility of management to implement internal controls related to fraud prevention and detection. The presence of effective internal controls is extremely important to prevent and detect fraud.

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Forensic Accounting

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Forensic Accounting

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