Discuss who perpetrates fraud and why it occurs, including the pressures, opportunities, and rationalizations that are present in most frauds.

Q: Fraud investigators refer to what elements as being part of the fraud triangle? Multiple Choice…

A: The fraud triangle is a diagram that shows the origins of a scam. Fraud is defined as the deliberate…

Q: Explain what is meant by the fraud triangle

A: A Fraud Triangle is a framework commonly used in auditing to explain the motivation behind an…

Q: What three forces constitute the triangle of fraud?

A: Fraud:   Fraud can be defined as an act of dishonesty that can be performed by a worker or an…

Q: ff

A: Organization Background:  Steinhoff International Holdings N.V is a worldwide retail holding…

Q: What are some red flags that may indicate a cover-up or concealment of a fraud?

A:

Q: Which is NOT a source of fraud risk (from the Fraud Triangle)?  a) Fraud Tip Hotline b) Perceived…

A: According to the Fraud Triangle, all three elements - opportunity, motivation or pressure, and…

Q: What are two positive and two negative consequences that this might pose to the company in future…

A: The question is asking about the potential positive and negative consequences that a company might…

Q: What are the elements of the fraud triangle? How can an internal control system limit reduce the…

A: Fraud means intentional concealment or misrepresentation of material facts for gaining personal…

Q: 21)   Which is not one of the fraud factors in the Fraud Pentagon?     A. Incentive   B.…

A: Offshoring,worldwide alliances, and the technology that connects them have all become more important…

Q: Understanding what constitutes fraud and understanding the framework are a part of developing an…

A: The fraud triangle is a model that can be used to explain fraudulent behavior. It involves three…

Q: How is Benford's Law used to investigate cases of fraud

A: According to Benford's Law, the odds are not random. In reality, the first digit has a 12.5 percent…

Q: How does occupational fraud and abuse differ from other kinds of fraud? Give examples of other fraud…

A: Fraud is the intentional deception of others in order to obtain an advantage or profit. To put it…

Q: Outline two positive and two negative consequences that this might pose to the company in future…

A: The question is asking to outline two positive and two negative consequences that a company might…

Q: Describe the three fundamental conditions necessary for the commission of fraud. Provide an…

A: The commision of fraud is a type of the fraud in which the employee of the company creates some fake…

Q: Explain the differences between Criminal Fraud versus Civil Fraud and provide an example of each…

A: The objective of this question is to understand the differences between Criminal Fraud and Civil…

Q: Why do fraud examiners handle information in a different manner than auditors? Why is thisimportant?

A: Fraud examiners handle information in a different manner than auditors, in order to minimize the tax…

Q: Opportunities for fraudulent reporting are present in circumstances when the fraud is easy to commit…

A: An opportunity to commit fraud means there are chances to the person to make a fraud which will be…