Removing any of the components of the Fraud Triangle:
A)ensures that fraud will be eliminated.
B)makes it more likely that fraud will increase.
C)has no impact on the occurrence of fraud.
D)makes it less likely that fraud will occur.

Question

Quizplus · Accepted Answer

The Fraud Triangle consists of three components: opportunity, rationalization, and pressure. Removing any one of these components makes it less likely that fraud will occur. For example, if an organization implements strong internal controls and monitoring, it decreases the opportunity for employees to commit fraud. Similarly, if an organization creates a culture of ethical behavior and fosters a positive work environment, it can decrease the pressure to commit fraud and reduce the likelihood of rationalizing fraudulent behavior.

Removing Any of the Components of the Fraud Triangle