Final answer:
Segregation of duties is an important control in preventing e-business fraud.
Step-by-step explanation:
Segregation of duties is an important control in preventing e-business fraud. This control involves distributing tasks and responsibilities among multiple individuals to reduce the risk of fraud. By separating duties, no single individual has complete control over a transaction or process, making it harder for fraud to be committed without collusion.
For example, in an e-commerce business, the person who receives customer payments should not be the same person who handles the fulfillment of orders. This separation ensures that there is a check and balance system in place to prevent fraudulent activities.
Therefore, the statement is true. Segregation of duties is an effective control measure in preventing e-business fraud.