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The Most Important Element of the Fraud Triangle Is Rationalization

question 12

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The most important element of the fraud triangle is rationalization.


Definitions:

Organizational Politics

The complex processes, actions, and tactics individuals use to acquire power and achieve personal goals within a workplace.

Consistently Practice

The act of repeatedly engaging in an activity or following a behavior pattern to improve proficiency and achieve mastery over time.

Emotional Intelligence

The ability to understand, use, and manage your own emotions in positive ways to relieve stress, communicate effectively, empathize with others, overcome challenges, and defuse conflict.

Bottom-Line Performance

A measure of a company's financial performance, typically represented by its net income or profits.

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