Which of the following is not an element of the fraud triangle?
A)Reliance
B)Rationalization
C)Opportunity
D)Pressure

Question

Quizplus · Accepted Answer

The auditing profession has identified three elements that are typically present when fraud occurs.These three elements are often shown in the form of a triangle.The first of these elements is the availability of opportunity without which fraud could not exist.The second element recognizes pressure as a key ingredient of misconduct.The third element is the rationalization.

Which of the Following Is Not an Element of the Fraud