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Which of the following is not one of the components of the fraud triangle?Multiple choice question.PressureOpportunityRationalizationDishonesty

Question

Which of the following is not one of the components of the fraud triangle?

  • Pressure
  • Opportunity
  • Rationalization
  • Dishonesty
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Solution

Break Down the Problem

  1. Identify the components of the fraud triangle.
  2. Determine which option listed is not a component.

Relevant Concepts

  • The fraud triangle consists of three components that lead to fraud:
    • Pressure: The motivation or need that drives an individual to commit fraud.
    • Opportunity: The situation that allows for the fraud to occur.
    • Rationalization: The mindset that justifies the fraudulent behavior.

Analysis and Detail

  1. Pressure - This is a key component of the fraud triangle as it explains the motivation behind committing fraud.
  2. Opportunity - This component addresses the circumstances that make committing fraud possible.
  3. Rationalization - This allows the perpetrator to justify their actions in their own mind.

The options provided are:

  • Pressure
  • Opportunity
  • Rationalization
  • Dishonesty

Upon evaluation, "Dishonesty" is not one of the components of the fraud triangle.

Verify and Summarize

  • The components of the fraud triangle are indeed Pressure, Opportunity, and Rationalization.
  • Dishonesty does not fit into these categories.

Final Answer

Dishonesty is not one of the components of the fraud triangle.

This problem has been solved

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