Final answer:
Preventing fraud and scams benefits a business by reducing expenses, improving brand reputation, and minimizing cash shortages.
Explanation:
Benefits of Preventing Fraud and Scams:
- Reduces company expenses: Preventing fraud and scams can lead to a decrease in financial losses due to fraudulent activities.
- Improves brand standard: By preventing fraud, a company can uphold its reputation and credibility in the market.
- Reduces cash shortages at the register: Preventing scams can help in maintaining accurate financial records and preventing losses at the point of sale.
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