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:

Opportunity Cost

The cost of forgoing the next best alternative when making a decision.

Marginal Costs

The additional cost incurred when producing one more unit of a particular good or service.

Trading Partner

A country or organization that engages in import or export transactions with another entity, indicating a regular commercial relationship.

Manufacturing Jobs

Positions in the production of goods within an industrial setting, often involving machinery and labor.