The fraud triangle has three components. Which of the components must be present for a fraud to occur?
A) All factors must be present for fraud to occur.
B) All factors need not be present.
C) Fraud can occur if any one of the factors is present.
D) None of the above

Question

Quizplus · Accepted Answer

The fraud triangle consists of three components: opportunity, pressure, and rationalization. All three must be present for fraud to occur, as they collectively create the environment and motivation for fraudulent behavior.

The Fraud Triangle Has Three Components