Final answer:
Internal controls and tips are more likely to help detect occupational fraud. The correct option is c) internal controls
Step-by-step explanation:
To detect occupational fraud, internal controls are more likely to be helpful. Internal controls are the policies and procedures implemented by a company to ensure the reliability of financial reporting, safeguarding of assets, and compliance with laws and regulations.
These controls can include measures such as segregation of duties, regular monitoring and reviewing of transactions, and implementing a code of conduct.
While an external audit can provide independent verification and audit opinion, it is typically performed on a periodic basis and may not catch ongoing fraudulent activities.
Additionally, tips from employees or anonymous sources play a significant role in detecting occupational fraud. Whistleblower programs and hotlines can encourage individuals to report any suspicious activities or wrongdoing without fear of retaliation. The correct option is c) internal controls