Preventive controls seek to stop fraud before it happens. What is the relative importance of preventive controls

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Preventive controls seek to stop fraud before it happens. What is the relative importance of preventive controls (versus detective and corrective controls) in the industry in which a business operates? For example, are detective controls relatively more important in the financial services industry versus the media services industry? Explain.

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Forensic Accounting and Fraud Examination

ISBN: 978-0078136665

2nd edition

Authors: William Hopwood, george young, Jay Leiner

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