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
Solution
Break Down the Problem
- Identify the components of the fraud triangle.
- 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
- Pressure - This is a key component of the fraud triangle as it explains the motivation behind committing fraud.
- Opportunity - This component addresses the circumstances that make committing fraud possible.
- 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.
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