Which method is most effective for detecting asset misappropriations, such as cash skimming and fraudulent...

[: SHRM guidelines emphasize the importance of having anonymous reporting mechanisms to encourage the reporting of unethical behaviors without fear of retaliation.,  Proactive Data Monitoring: Management should engage in proactive data monitoring to detect anomalies and irregularities in financial transactions. This includes regular audits, real-time transaction monitoring, and data analytics to identify patterns indicative of fraud., Reference: According to SHRM, continuous monitoring and analysis of financial transactions are crucial for early detection of asset misappropriation and fraudulent activities.,  Employee Training and Awareness: Educate employees on recognizing and reporting fraudulent activities. Awareness programs can help employees understand the types of fraud and the importance of reporting them., Reference: SHRM recommends regular training programs to inform employees about fraud detection and the use of tip lines.,  Internal Controls: Strengthen internal controls to prevent and detect fraud. This includes segregation of duties, authorization processes, and regular reconciliations., Reference: Effective internal control systems, as outlined by SHRM, are essential for minimizing opportunities for asset misappropriation.,  Regular Review and Follow-Up: Management should review the reports from the tip line and the findings from proactive data monitoring regularly. Immediate follow-up on any red flags or suspicious activities is critical., Reference: SHRM highlights the importance of timely investigation and response to fraud allegations to maintain a secure and ethical workplace., , ]