Which of the Following Elements Listed Is One of the Three

question 42

Multiple Choice

Which of the following elements listed is one of the three basic elements of the fraud motivation triangle?

• A)Concealment
• B)Theft Act
• C)Opportunity
• D)Conversion

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Definitions:

Sales

The total amount of revenue generated by the sale of goods or services.

Unit Variable Cost

The variable cost incurred to produce one unit of a product, including materials, labor, and variable overhead.

Minimum Required Rate Of Return

This is the lowest return that investors expect for an investment, affecting the value and desirability of an investment opportunity.