Fraud Is Most Likely to Occur When 2 of the 3

question 128

True/False

Fraud is most likely to occur when 2 of the 3 elements of the fraud triangle are present.

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Definitions:

Investigative

Describes a personality or approach focused on exploring, researching, and understanding problems or questions.

Enterprising

Describes initiative-taking, resourceful, and risk-taking behavior, often associated with starting new ventures or pursuing business goals.

Ambitious

Having a strong desire to succeed or achieve something, often requiring determination and hard work.

Sociable

Refers to an individual's inclination to seek and enjoy social interactions.