Which characteristic of the fraud triangle often stems from a lack of internal controls within an organization?
A) pressure
B) opportunity
C) rationalization
D) concealment

Question

Quizplus · Accepted Answer

Opportunity is the characteristic of the fraud triangle that often stems from a lack of internal controls within an organization. When there are weak or non-existent internal controls, it becomes easier for an individual to exploit their position of trust and commit fraud. The other characteristics of the fraud triangle are pressure, which can include financial or personal pressures, and rationalization, where the individual justifies their fraudulent actions to themselves. Concealment refers to the measures taken by the individual to hide their fraudulent activities.

Which Characteristic of the Fraud Triangle Often Stems from a Lack