fraud monitoring
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AC.
1. What kind of big data-based fraud prevention product can be used in fraud monitoring?
2. What kind of big data-based fraud prevention product can be used in fraud risk management?
Please explain with examples
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- Explains these controls and tell why they are important in any fraud situation: a. Preventive controls b. Detective controls c. Leveraging technologd. Identifying the red flags NB: Answer questions a-dWhat is the importance of Forensic Accounting and Fraud Detection? Please give as much information as possible. Thanks!Explain the role of the Risk Manager in fraud detection Explain the role of the Risk Manager in fraud detection
- Explain what is meant by the fraud triangleHow do you design a fraud prevention programme?Understanding what constitutes fraud and understanding the framework are a part of developing an internal control program. The fraud triangle is a framework that is used to understand and explain what the motivation could be when a person decides to commit fraud. Thinking about the fraud cases that you are aware of, how would the fraud triangle explain fraudulent behavior?
- Define Fraud.Refer to the given system flowchart, and we have discussed the control weakness and the risk associated with these control weaknesses. Based on these control weaknesses and the associated risk, what types of frauds are possible in this business environment.Refer to the given system flowchart, and we have discussed the control weakness and the risk associated with these control weaknesses. Based on these control weaknesses and the associated risk, what types of frauds are possible in this business environment.(200 words)