Ariel,the CFO of Zaria,Corp.,suspects that the profits of the company are being overstated.Ariel suspects that someone from the mid-level management is behind this.The bonus of the mid-level managers is directly linked to the growth of net profit.The mid-level managers have received no bonus since three years as the reported profit of Zaria has been declining.The books of accounts are only accessible to Ariel.Which of the following elements of the fraud triangle is missing in this case?

Question

Quizplus · Accepted Answer

Opportunity is missing because the books of accounts are only accessible to Ariel, limiting the chance for mid-level managers to manipulate the profits.