ARC: A Few Easy Steps to Prevent Fraud
Beginning Balance
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Is There a Control of Assets?
You need to have the arc in place. That is that you have segregation of duties between the authorization of something, the recording of something and the custody of something. If there is collusion, it is harder to catch fraud. But collusion is also far less likely. Two people can keep a secret as long as one of them is dead. I think Ben Franklin said everything. He did either him or Einstein. Yeah. It seems like you've it's in the past what we've talked about this. You told me they're sort of, I don't know if it's a technical definition, but they're clearly defined conditions in which fraud is likely or yeah, likely to happen. Right
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