In the Fraud Triangle, Fraudulent Financial Reporting and Misappropriation of Assets

question 51

Multiple Choice

In the fraud triangle, fraudulent financial reporting and misappropriation of assets

• A) share little in common.
• B) share most of the same risk factors.
• C) share the same three conditions of the fraud triangle.
• D) share most of the same conditions. of the fraud triangle.

---

Definitions:

Written Agreement

A formal, documented contract that outlines the terms and conditions agreed upon by the parties involved.

Enforceable

Refers to something, especially an agreement or contract, that is legally recognized and can be upheld in a court of law.

Written and Signed

A requirement for certain agreements or documents to be legally valid, involving the creation of a written document that is signed by the relevant parties.

Legally Enforceable

A term describing a contract or obligation that is recognized by law, meaning it can be upheld in court.