In the fraud triangle, fraudulent financial reporting and misappropriation of assets:
A)share little in common.
B)share most of the same risk factors.
C)share the same three conditions.
D)share most of the same conditions.

Question

Quizplus · Accepted Answer

Both fraudulent financial reporting and misappropriation of assets share the same three conditions in the fraud triangle: pressure, opportunity, and rationalization.

In the Fraud Triangle, Fraudulent Financial Reporting and Misappropriation of Assets