The Fraud Triangle Asserts That the Three Factors That Must

question 219

True/False

The fraud triangle asserts that the three factors that must exist for a person to commit fraud are opportunity, pressure, and rationalization.

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Definitions:

Affiliation

The connection or association between an individual or organization and another entity, often for mutual benefit.

Achievement

A significant accomplishment or attainment of a goal, often recognized or rewarded.

Safety

The state of being safeguarded against or not likely to experience harm, danger, or damage.

Power

The ability or capacity to influence the behavior of others or the course of events, often through authority, control, or persuasion.