Question: Answer the statement using information in the passage only. Managing risk in the financial sector has become increasingly important. The increase in attempted fraudulent transactions
Answer the statement using information in the passage only.
Managing risk in the financial sector has become increasingly important. The increase in attempted fraudulent transactions means employees always need to be very alert to attempts at fraud. Banks have policies to manage such situations. However, policies might not always be followed. The financial sector has improved its recruitment practice and training of staff, but levels of fraud remain at record levels.
Some level of fraud will always be present.
True
False
Cannot say
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