Which of the Following Is the Best Reason for Management

Multiple Choice

Which of the following is the best reason for management to emphasize fraud prevention and deterrence?

A) It is often more effective and economical for companies to focus on fraud prevention and deterrence rather than on fraud detection.
B) Collusion is impossible to detect.
C) The AICPA requires management to implement a fraud prevention program.
D) All of the above are equally valid reasons.