For Fraud to Occur, Usually Three Elements Are Necessary: Pressure

question 35

Multiple Choice

For fraud to occur, usually three elements are necessary: pressure, opportunity, and:

• A) excitement.
• B) guidance.
• C) rationalization.
• D) money.

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Definitions:

Insider Trading

The illegal practice of trading on the stock exchange to one's own advantage through having access to confidential information.

Moral Intelligence

The capacity to understand right from wrong and to behave based on the values that are accepted as ethical and good.

Personal Gain

Advantages or benefits obtained for oneself, often through self-interested actions.

Ethical Choices

Decisions made based on moral principles and values, often reflecting considerations of what is right and fair.