Match the following statements to sides of the fraud triangle. v "Everyone fudges their numbers to look A.Opportunity better. If we don't, we're at a disadvantage." B. Rationalization c. Incentive "Do you know that our division manager gets a larger bonus if we achieve our division profit goals? We should try to do it to help her out." v "We'need to make these sales targets or our stock price will fall." "I like to hire employees who are loyal to me." v "We work really hard around here, so even if we cut a few corners it is still okay." "The accounting manager knows that I prefer some reports to come directly to me, rather than to internal audit."
Match the following statements to sides of the fraud triangle. v "Everyone fudges their numbers to look A.Opportunity better. If we don't, we're at a disadvantage." B. Rationalization c. Incentive "Do you know that our division manager gets a larger bonus if we achieve our division profit goals? We should try to do it to help her out." v "We'need to make these sales targets or our stock price will fall." "I like to hire employees who are loyal to me." v "We work really hard around here, so even if we cut a few corners it is still okay." "The accounting manager knows that I prefer some reports to come directly to me, rather than to internal audit."
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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