All organizations should have systems of internal control to combat fraud.

Instructions
Go to the Association of Certified Fraud Examiner (ACFE) website, search “Report to the Nations on Occupational Fraud and Abuse,” click Costs, and then answer the following questions.
a. What is the percent of annual revenues lost to fraud?
b. What is the median loss for the United States due to occupational fraud?
c. What happens when organizations lack anti-fraud controls?