Which of the Following Is a Condition of the Fraud

question 66

Multiple Choice

Which of the following is a condition of the fraud triangle?

• A) incentives/pressures to commit fraud
• B) attitudes/rationalisation for committing fraud
• C) opportunities to commit fraud
• D) all of the above

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Definitions:

Tax Rate

The rate designated by the state to collect taxes from the profits or income of individuals or firms.

Profit Margin

A measure of profitability calculated as net income divided by revenues.

Professional Office

A professional office is a workspace designed for the use of professionals, such as lawyers, doctors, and accountants, to conduct their business activities.

Real Estate Fees

Charges associated with buying or selling property, including commission for real estate agents, closing costs, and other related expenses.