(True and False)
1. Even a good system of internal controls will often not be completely effective because of fallibilities of the people applying and enforcing the controls.

2. The increasingly complex nature of business helps to decrease the number of collusive frauds.

3. Tips and complaints are the most common way fraud is detected.

4. The major role of employee assistance programs is to help employees recover from the damaging psychological effects of fraud.

5. Not all possible controls should be implemented; rather, one must assess a control’s cost and benefits before implementation.

6. Creating an expectation of punishment causes firm morale to deteriorate and often results in lower productivity.