The Fraud Triangle Asserts That There Are Three Factors That

question 90

True/False

The fraud triangle asserts that there are three factors that must exist for a person to commit fraud; these factors are opportunity,pressure,and rationalization.

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Definitions:

Employment

The condition of having paid work or being engaged in a productive activity.

Marginal Revenue Product

The additional income produced by one more unit of input, such as labor or capital, in the production process.

Variable Input

An input whose quantity can be adjusted in the short run to affect the level of output in the production process.

Marginal Revenue Product

The additional revenue generated by employing one more unit of a certain input, keeping other inputs constant.