All of the following are reasons why it is not possible to eliminate all fraud risks, except
A)Human Error
B)Human Behavior
C)Opportunity
D)May not be cost effective

Question

Quizplus · Accepted Answer

Opportunity is one of the three components of the fraud triangle (along with motivation and rationalization) and refers to the existence or creation of circumstances that allow fraud to occur. While measures can be implemented to minimize opportunity, it may not be possible to eliminate it completely as there will always be some level of vulnerability or weakness in any system or process. Human error and behavior can also contribute to fraud risk, but these factors can be addressed through training, policies, and internal controls. The cost-effectiveness of fraud prevention measures is an important consideration, but it does not preclude the possibility of managing or mitigating fraud risk.

All of the Following Are Reasons Why It Is Not