What is the opportunity component of the fraud triangle?
A)A person thinks that there is a way to commit fraud without much chance of getting caught.
B)A person has a really good reason to commit fraud.
C)A person does not think of the fraudulent activity as bad.
D)A person persuades two or more other people to assist with the fraud.
E)A person is concerned about the impact of their actions on society.

Question

Quizplus · Accepted Answer

The opportunity component of the fraud triangle refers to the presence of circumstances or situations that allow and facilitate fraud. This can include weak internal controls, lack of oversight, or a perception that the fraud can be committed without much chance of detection. Choice A reflects this definition by highlighting the belief that there is a way to commit fraud without being caught.

What Is the Opportunity Component of the Fraud Triangle