Predication is a technical term that refers to:
a. The ability of internal auditors to predict fraud successfully.
b. The ability of a fraud examiner to commence an investigation if a form of evidence exists that fraud has occurred.
c. The activities of fraud perpetrators in concealing their tracks so that fraud is covered up and may not be discovered.
d. Management’s analysis of fraud risks so they can put in place effective anti-fraud programs and controls.