Research Has Found That Three Factors Exist When Fraud Occurs

question 113

Essay

Research has found that three factors exist when fraud occurs.Identify and describe each of the three factors of the fraud triangle.
 

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Definitions:

Desired Behavior

Refers to the specific actions or reactions an individual or organization aims to elicit from others through various strategies or interventions.

Legitimate Power

Authority or power that is recognized and respected by others because it derives from a position of official responsibility or role within an organization.

Reward Power

The influence and control gained by offering something desirable, motivating others to respond positively.

Expert Power

The influence and authority one gains from possessing specific knowledge or expertise in a particular area.