Which of the Following Is True Regarding the Fraud Triangle?​

question 34

Multiple Choice

Which of the following is true regarding the fraud triangle?​

• A)​The three elements of the fraud triangle are inter-active.
• B)​Rationalization for the fraud act is thought of after the fraud has been committed.
• C)​The perceived ability to conceal the fraud act concerns the rationalization side of the fraud triangle.
• D)​A financial pressure to commit fraud is the strongest pressure of the three fraud triangle elements.

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Definitions:

Industrial Nations

Countries that are highly developed and have a major portion of their economy based on manufacturing and industry.

Labor Productivity

A measure of economic performance that compares the amount of goods and services produced (output) with the number of hours worked to produce those goods and services.

Economies Of Scale

Cost advantages that enterprises obtain due to their scale of operation, resulting in decreased costs per unit.

Technological Advance

Improvements in technology, leading to more efficient production processes, new product features, or entirely new products.