The Fraud Triangle Identifies Three Elements That Are Generally Present

question 39

Multiple Choice

The fraud triangle identifies three elements that are generally present in the client's organization when fraud occurs. Which of the following is not one of those elements?

• A)Professional skepticism.
• B)Incentives.
• C)Opportunity.
• D)Rationalization.

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Definitions:

Lowball Technique

A persuasion strategy where an initially favorable offer is made, then its terms are made less favorable.

Evolutionary Psychologists

Scientists who study the psychological adaptations of humans to the changing physical and social environment, particularly from an evolutionary perspective.

Ingroup

A group of people with whom an individual mentally associates themselves as belonging.

Outgroups

Groups of people not belonging to the primary in-group, often viewed with prejudice or as outsiders.