The fraud triangle says three conditions are generally present in the client's organization when fraud occurs. Which of the following is not one of those conditions?
A) Incentives.
B) Professional Skepticism.
C) Opportunity.
D) Ability to rationalize fraud.

Question

Quizplus · Accepted Answer

The fraud triangle identifies three key conditions that are typically present when fraud occurs: incentives or pressures, opportunity, and rationalization. Professional skepticism is not one of the conditions, but rather it is a mindset and approach that auditors or other professionals should have when assessing the risk of fraud.

The Fraud Triangle Says Three Conditions Are Generally Present in the Client's