Question: One solution that many companies may implement to mitigate fraud is the use of third parties for some of the processes. This is okay, but
One solution that many companies may implement to mitigate fraud is the use of third parties for some of the processes. This is okay, but controls must still be in place around the process of using these third parties. For example, using a third-party payroll processor. Someone within the organization must participate in some part of the process. What type of controls would you expect to see in third-party processes?
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