As It Relates to Accounting Fraud, Which of the Following

question 6

Multiple Choice

As it relates to accounting fraud, which of the following BEST describes "perceived pressure"?

• A)An element of the fraud triangle in which the employee feels a need to obtain cash or other assets
• B)An element of the fraud triangle in which the employee justifies his or her actions
• C)An element of the fraud triangle in which the employee believes there is a chance to commit and conceal fraud
• D)Intentional misrepresentation of the financial statements

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Definitions:

Course Grades

The evaluations or marks assigned to students based on their performance in a course.

Business Law

The enforceable rules of conduct that govern the actions of buyers and sellers in market exchanges.

Commercial Impracticability

A doctrine in contract law that allows parties to be excused from performance when an unforeseen event makes fulfillment of the contract unreasonably difficult or expensive.

Thrifty Rent-A-Car System

An American car rental company that provides vehicle rentals to consumers and is recognized for its cost-effective options.