Explain two measures that organizations can implement to prevent fraud?

1. Implementing strong internal controls: Organizations can prevent fraud by implementing strong internal controls such as segregation of duties, regular monitoring and auditing of financial transactions, and implementing approval processes for financial transactions. By having multiple layers of oversight and control in place, organizations can reduce the opportunities for fraud to occur and increase the likelihood of detecting fraudulent activities.

2. Conducting background checks and screening employees: Organizations can prevent fraud by conducting thorough background checks and screening of employees before hiring them. This can help identify any red flags or past instances of fraudulent behavior that may indicate a higher risk of fraud in the future. Additionally, organizations can implement ongoing monitoring and screening of employees to detect any changes in behavior or financial circumstances that may indicate potential fraudulent activities.