Management at ABC Corp. is assessing the company ' s ethical tone and how it affects the organization ' s fraud risk. To MOST EFFECTIVELY reinforce an anti-fraud culture, management should:
A.
Use a checklist of initiatives to make sure all the elements of a strong tone at the lop are in place
B.
Create an environment in which employees are dissuaded from challenging management ' s decisions
C.
Visibly adhere to the same set of ethics policies that is required of all employees
Management must set a strong example by adhering to the same ethical standards as employees.
Visible adherence builds trust and reinforces an anti-fraud culture.
Analysis of Other Options:
A. Checklist of initiatives:Helpful but insufficient by itself.
B. Dissuading challenges:This is counterproductive, as it discourages transparency and accountability.
D. All of the above:Incorrect, as Option B is detrimental to an anti-fraud culture.
Conclusion:Visibly adhering to ethics policies is the most effective action.
[References:ACFE resources on fostering an ethical organizational culture., , , , , ]
Contribute your Thoughts:
Chosen Answer:
This is a voting comment (?). You can switch to a simple comment. It is better to Upvote an existing comment if you don't have anything to add.
Submit