A financial institution suspects that a manager has been crediting customer accounts without authorization. Which of the following is the MOST effective method to validate this concern?
Discovery sampling is particularly useful in detecting fraud or irregularities. It is designed to find at least one occurrence of an error or fraud in the population being examined, making it highly effective for situations where there is a suspicion of unauthorized activities.
By employing stop-or-go sampling, auditors can systematically review a sample of customer accounts and transactions, assessing whether unauthorized credits have occurred.
upvoted 1 times
...
Log in to ExamTopics
Sign in:
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.
Upvoting a comment with a selected answer will also increase the vote count towards that answer by one.
So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.
PurpleParrot
1 week ago1e71ed5
2 months, 3 weeks agoseeta
4 months agoSwallows
5 months ago