5 fraud tips for every small business owner Quiz

1. What is one proactive measure suggested to prevent fraud in an organization?

A. Adopt a code of ethics for management and employees. B. Increase the number of employees. C. Reduce the number of internal audits.

2. What should be evaluated for effectiveness to identify areas vulnerable to fraud?

A. External partnerships B. Internal controls C. Marketing strategies

3. What is recommended when hiring new staff?

A. Conduct thorough background investigations. B. Offer higher salaries than competitors. C. Reduce the hiring process to save time.

4. What is a key method for detecting fraud according to the article?

A. Regular team meetings B. An anonymous fraud hotline C. Increasing the number of managers

5. What is important to communicate regularly to staff?

A. Anti-fraud policies and reporting mechanisms B. Company picnic schedules C. New product launches

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