Segregation of duties is one of the most important control activities to minimize incompatible functions. It can take many forms, depending on the specific duties to be controlled. Select answer below that is not part of the objectives of segregation of duties.

For this assignment, you are to construct a diagram of the Fraud Triangle and clearly label each component of the Fraud Triangle. For each of these three components, provide the following: An explanation (two to three paragraphs) of each of the three components, specifically addressing how it could contribute to fraud. For each component of the Fraud Triangle, provide the following: List and briefly discuss internal controls for each of the three components that could help to reduce the impact of potential frauds related to that component of the Fraud Triangle. Note: This means that you will have a total of 24 internal controls documented. A few of the internal controls might be common to each component but please tailor them to the component you are referring to and do not copy and paste the same eight internal controls for each component. While APA style is not required for the body of this assignment, solid academic writing is expected and in-text citations and references should be…

Whistle-blowers have played a key role in fraud detection. There are several types of whistle-blowers and safeguards for each type. Analyze the adversities that whistle-blowers face, including the safeguards intended to protect them. Compare the different types of whistle-blowers. What is the importance of each type?

One of the principles of internal control is "establishment of responsibility". This principle does not include: a. one person being responsible for one task. b. independent internal verification. c. authorisation of transactions. d. approval of transactions.