The Three Main Components of the Fraud Triangle Are

question 139

Multiple Choice

The three main components of the fraud triangle are:

• A)rationalization,opportunity and greed.
• B)opportunity,motive and lack of ethics.
• C)motive,opportunity and rationalization.
• D)none of the above.

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Definitions:

Debt Securities

Financial instruments representing money borrowed that must be repaid, including bonds, notes, and bills.

Equity Securities

Equity securities are financial assets representing ownership interest in a company, such as stocks, and can generate income through dividends or capital gains.

Strategic Purposes

Objectives or goals that are designed to achieve the long-term vision of an organization through planned and purposeful actions.