Week 6 - Fraud Triangle Flashcards
1
Q
What is the first component of the fraud triangle?
A
Opportunity - opportunity has to be there for them to carry out a fraud
2
Q
What is the second component of the fraud triangle?
A
Rationale - got to be able to explain why it’s okay for them to carry out the fraud
3
Q
What is the third component of the fraud triangle?
A
Pressure - e.g own personal hard times etc
