The three elements present in every fraud are commonly referred to as the ___________.
A)Triple threat
B)Three-way manipulation
C)Fraud triangle

Question

Quizplus · Accepted Answer

The fraud triangle is a concept used in forensic accounting to explain the nature of fraud. It consists of three components which are opportunity, rationalization, and pressure. These three elements must be present in order for fraud to occur. The "triple threat" and "three-way manipulation" are not commonly used terms to describe the components of fraud.

The Three Elements Present in Every Fraud Are Commonly Referred