An employee who has the responsibilities of both writing checks and making bank deposits would have to commit fraud.
A) financial pressure
B) a perceived opportunity
C) the rationalization
D) validation

Question

Quizplus · Accepted Answer

This statement is an example of the fraud triangle, which consists of three factors: financial pressure, perceived opportunity, and rationalization. The statement implies that an employee who has access to both check-writing and bank-depositing duties has the opportunity to commit fraud. The financial pressure or motivation to commit fraud is not stated, and the rationalization or justification for committing fraud is not necessary for this statement. Therefore, the only factor present in this statement is perceived opportunity (B).

An Employee Who Has the Responsibilities of Both Writing Checks