Match each situation with the fraud triangle factor (opportunity, financial pressure, or rationalization) that best describes it.
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Question:
Match each situation with the fraud triangle factor (opportunity, financial pressure, or rationalization) that best describes it.
(a) | An employee’s monthly credit card payments are nearly 75% of their monthly earnings. | Select the fraud triangle factor | ||
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(b) | An employee earns minimum wage at a firm that has reported record earnings for each of the last five years. | Select the fraud triangle factor | ||
(c) | An employee has an expensive gambling habit. | Select the fraud triangle factor | ||
(d) | An employee has check-writing and -signing responsibilities for a small company, and is also responsible for reconciling the bank account. | Select the fraud triangle factor |
Related Book For
Financial Accounting Tools for business decision making
ISBN: 978-0470534779
6th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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