Internal Control-Fraud TriangleIdentify the fraud triangle risk factor (opportunity-O, pressure-P orrationalization-R) in each situation.1.2.3.Employeees are told to report increased income or be fired.Several sales clerks share the same cash drawer.A worker did not receive a bonus this year and now feels it's okayto use the company credit cared for personal expenses.4.Doors safeguarding valuable merchandise are not locked with apasscode.An employee feels underpaid and believes stealing inventory isjustified.5.

The Fraud Triangle is a concept used in explaining structured auditing for analyzing the reason…

Internal Control-Fraud Triangle Identify the fraud triangle risk factor (opportunity-O, pressure-P or rationalization-R) in each situation. Employeees are told to report increased income or be fired. Several sales clerks share the same cash drawer. 1. 2. 3. A worker did not receive a bonus this year and now feels it's okay to use the company credit cared for personal expenses. 4. Doors safeguarding valuable merchandise are not locked with a passcode. An employee feels underpaid and believes stealing inventory is justified. 5.

Internal Control-Fraud Triangle Identify the fraud triangle risk factor (opportunity-O, pressure-P or rationalization-R) in each situation. Employeees are told to report increased income or be fired. Several sales clerks share the same cash drawer. 1. 2. 3. A worker did not receive a bonus this year and now feels it's okay to use the company credit cared for personal expenses. 4. Doors safeguarding valuable merchandise are not locked with a passcode. An employee feels underpaid and believes stealing inventory is justified. 5.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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None
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if a manager is incharge of the Credit Right Software Corp department which involves sells leading account sooftare product and two of his employess commited fraud. How should the manager prepare himself to understand what causes individuals to commit fraud and how it happens?
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