According to the Fraud Triangle,which the Following Is One of the Requisites

question 1

Multiple Choice

According to the Fraud Triangle,which the following is one of the requisites for fraud to occur?

• A) The perception of an opportunity for ill-gotten financial gain
• B) The existence of sound justification for a person to receive greater financial rewards
• C) The existence of a clear-cut opportunity for ill-gotten financial gain
• D) Employment in a sensitive financial capacity in which peers reap greater financial rewards than the employee contemplating fraud receives

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Definitions:

Networks

Systems of interconnected people or things, often used for communication, sharing information, or facilitating connections.

Values

Core beliefs or standards that guide the behavior and decision-making of an individual or organization.

Social Capital

The networks, relationships, and norms that facilitate collective action for mutual benefit within a society.

Trusting Relationships

Bonds between individuals or entities characterized by confidence, reliability, and the expectation of honesty.