Purpose of Anti-Fraud Controls:

Preventive controls deter fraud before it occurs, making them the primary focus of an effective anti-fraud program.

Detective controls identify fraud after it has occurred, serving as a secondary line of defense.

Analysis of Options:

A. Fully eliminates risk:No system can fully eliminate fraud risk.

B. Focus on detective controls:Less effective than prevention.

D. Increases perception of detection:Important but not the primary focus.

Conclusion:An effective anti-fraud system emphasizes preventive controls.