The fraud triangle,a theory used to explain criminal fraud,is comprised of which three facets?

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The fraud triangle theory is comprised of three facets: opportunity, pressure, and rationalization. The theory suggests that when these three factors are present, an individual is more likely to commit fraud. Opportunity refers to the individual's ability to commit the fraud, pressure refers to their motivation or need to commit the fraud, and rationalization refers to the justification or excuse they use to convince themselves that the fraud is acceptable. Choice A is incorrect because it lists “tools to commit fraud” and “antisocial associates who commit fraud” which are not part of the fraud triangle. Choice C is incorrect because “motivation for fraud” could be considered a part of pressure and the act of committing fraud is not a separate facet of the theory. Choice D is incorrect because it lists actions, but not specific factors that lead to the fraud being committed.

The Fraud Triangle,a Theory Used to Explain Criminal Fraud,is Comprised