There Are Three Risk Factors Known as the 'Fraud Triangle

question 45

Multiple Choice

There are three risk factors known as the 'fraud triangle' that are generally present when a fraud is committed.Which of the following is not one of them?

• A)An incentive or pressure to commit fraud.
• B)A perceived opportunity to commit fraud.
• C)An ability to rationalise the fraudulent action.
• D)An ability to avoid being discovered.

---

Definitions:

Gainsharing

A compensation strategy where employees receive benefits from improvements in the company's performance, such as increased productivity or cost savings.

Gainsharing

A performance-based compensation strategy that rewards employees for contributing to the company's success through efficiencies and improvements.

Group Incentive Plan

A compensation system designed to reward a group of employees based on the collective achievements or performance of the group.

Retention Bonus

A financial incentive offered to an employee to encourage them to stay with the company for a specified period.