Establishing clear and uniform accounting procedures with no exception clauses can help reduce financial statement fraud by addressing which side of the fraud triangle?
A) Pressures to commit fraud
B) Opportunity to commit fraud
C) Rationalizations of financial statement fraud
D) Non-sharable problems

Question

Quizplus · Accepted Answer

Clear and uniform accounting procedures with no exception clauses can help reduce the opportunity to commit fraud by limiting the ability of individuals to manipulate financial statements. This addresses the opportunity side of the fraud triangle.

Establishing Clear and Uniform Accounting Procedures with No Exception Clauses