Opportunity in the fraud triangle arises from:
A)weak control environment.
B)improper segregation of duties.
C)improper access to assets.
D)all of the above.

Question

Quizplus · Accepted Answer

Opportunity in the fraud triangle can arise from a combination of weak control environment, improper segregation of duties, and improper access to assets. A weak control environment can provide an opportunity for fraud to occur, as employees may perceive a lack of oversight or consequences for their actions. Improper segregation of duties can also create an opportunity for fraud, as it allows a single individual to have too much control over a particular process or transaction. Improper access to assets, including physical assets or information, can also provide an opportunity for fraud to occur, as it may allow an individual to manipulate or misuse those assets for personal gain. All of these factors can contribute to the opportunity for fraud, which is one of the three key elements of the fraud triangle.

Opportunity in the Fraud Triangle Arises From