Which of the Following Is Not an Element of the Fraud

question 92

Multiple Choice

Which of the following is not an element of the fraud triangle?

• A)Incentive.
• B)Rationalization.
• C)Deception.
• D)Opportunity

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Definitions:

Mean-Variance Efficient

A portfolio construction strategy that aims to achieve the highest expected return for a given level of risk by optimizing the mix of investments.

Expected Returns

The anticipated return on an investment, based on historical averages or statistical analyses.

Variances

Statistical measures that represent the dispersion of data points in a data set relative to its mean, indicating how spread out the data is.

Well-Diversified Portfolio

A portfolio that contains a wide variety of investments across different asset classes and sectors to minimize risk.