According to the idea, there are three elements that when combined, result in fraudulent activity. There are three of them: a perceived unmet financial need (motivation or pressure), a perceived opportunity to conduct fraud, and a justification for doing so.
What are the three causes of fraud?
The "fraud triangle" is a paradigm that criminologist Donald R. Cressey published in the 1970s. The motivation, opportunity, and justification triangle describes the three factors that increase the likelihood of occupational fraud.
Which of the following is not one of the fraud triangle's three elements?
Opportunity, motivation, and justification are them. Risk, though, can dissuade people from committing fraud. It does not fit within the fraud triangle as a result.
What portion of the fraud triangle is the most crucial?
The most important component of the fraud triangle is an opportunity. The other two components are pressure and justification. The chances for fraud that are available drive fraudsters to perpetrate fraud, which is why this is the case.
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