Removing Any of the Components of the Fraud Triangle

question 130

Multiple Choice

Removing any of the components of the Fraud Triangle:

• A)ensures that fraud will be eliminated.
• B)makes it more likely that fraud will increase.
• C)has no impact on the occurrence of fraud.
• D)makes it less likely that fraud will occur.

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Definitions:

Financial Data

Information related to the financial performance and position of an entity, including balance sheets, income statements, and cash flow statements.

Market Price

The current value at which an asset or service can be bought or sold in a marketplace.

Dividend Payout Ratio

Dividend payout ratio is a financial metric that shows what proportion of a company's earnings are distributed to shareholders as dividends.

Market Price

The price at which an asset or service can be bought or sold in the market.