A Model of Fraud That States That Opportunity,motivation,and Rationalization Must

question 76

Short Answer

A model of fraud that states that opportunity,motivation,and rationalization must all exist for fraud to occur is called the ________.​

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Definitions:

Total Utility

The overall level of satisfaction or fulfillment a consumer receives from consuming a specific quantity of a good or service.

Income Effect

The change in an individual's or economy's income and how that change will impact the quantity demanded of a good or service.

Purchasing Power

The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy.

Substitution Effect

The change in consumption patterns due to a change in the relative prices of goods, leading consumers to substitute one good for another.