Which of the following is a method to deter theft/fraud?

Shredding financial documents before discarding them is an effective method to deter theft and fraud. This practice ensures that sensitive information such as bank statements, credit card information, and personal identification details are not easily accessible to others, particularly those who might engage in identity theft.

By destroying these documents, you significantly reduce the risk of someone retrieving them from a trash bin or recycling container and using that information for fraudulent purposes. This act of shredding serves as a proactive measure, emphasizing the importance of protecting personal financial information during disposal.

On the other hand, keeping personal documents in an unlocked drawer exposes them to theft, sharing information with strangers over the phone increases the likelihood of fraud, and using simple passwords can make accounts vulnerable to unauthorized access. Thus, shredding documents stands out as the appropriate method for safeguarding against potential theft and fraud.