Which of the Following Elements Is NOT a Part of the Fraud

question 43

Multiple Choice

Which of the following elements is NOT a part of the fraud triangle?

• A) Ability to perpetrate fraud
• B) Opportunity to perpetrate fraud
• C) Attitude/rationalisation of fraudulent activity
• D) Incentives to perpetrate fraud

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Definitions:

Long-Term Market

A market that deals with investments or securities that have a maturity period or investment horizon of more than one year.

Financial Cash Flows

Cash movements arising from financing activities, including transactions with equity and debt.

Parent Company

A corporation that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors.

Subsidiary

A company that is completely or partially owned and controlled by another company, known as the parent company.