Fraud Investigators Identify Three Things That Must Exist for Accounting

question 97

Multiple Choice

Fraud investigators identify three things that must exist for accounting fraud to occur.Which of the following is not one of the three elements of the fraud triangle?

• A)The incentive to commit fraud.
• B)The opportunity to commit fraud.
• C)The ability to rationalize and conceal fraud.
• D)The lack of a business Code of Ethics.

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Definitions:

Domain-Specific Insights

Knowledge or understanding that is specific to a particular field or area of interest, rather than general or across multiple domains.

Scripts

Structured sequences of expected behaviors or actions in specific social situations, guiding individuals on how to act or respond.

Unevenness of Development

Variations in the rate of development across different areas such as social, emotional, and cognitive growth within the same individual.

Early Childhood

A period in human development from birth to the beginning of formal education, typically around age 5 or 6.