As it relates to accounting fraud, which of the following BEST describes "perceived pressure"?
A)An element of the fraud triangle in which the employee feels a need to obtain cash or other assets
B)An element of the fraud triangle in which the employee justifies his or her actions
C)An element of the fraud triangle in which the employee believes there is a chance to commit and conceal fraud
D)Intentional misrepresentation of the financial statements

Question

Quizplus · Accepted Answer

Perceived pressure is one of the three elements of the fraud triangle (along with rationalization and opportunity) and refers to the employee's perceived need to obtain cash or other assets, often due to personal financial struggles or external pressures such as meeting targets or maintaining a certain lifestyle.

As It Relates to Accounting Fraud, Which of the Following