Fraud investigators identify the fraud triangle of three things that have to exist for accounting fraud to occur. Which of the following is not one of the three elements of the fraud triangle?
A) The incentive to commit fraud.
B) The opportunity to commit fraud.
C) The character to commit fraud.
D) The lack of a business Code of Ethics.

Question

Quizplus · Accepted Answer

The lack of a business Code of Ethics is not one of the three elements of the fraud triangle. The three elements include the incentive to commit fraud, the opportunity to commit fraud, and the character to commit fraud.

Fraud Investigators Identify the Fraud Triangle of Three Things That