Match each situation with the fraud triangle factor (opportunity, financial pressure, or rationalization) that best describes it. (a). An employee has check-writing and -signing responsibilities for a small company, and is also responsible for reconciling the bank account. (b) An employee earns minimum wage at a firm that has reported record earnings for each of the last five years. (c) An employee has an expensive gambling habit. (d) An employee's monthly credit card payments are nearly 75% of her monthly earnings

Auditing: A Risk Based-Approach (MindTap Course List)
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Chapter3: Internal Control Over Financial Reporting: Responsibilities Of Management And The External Auditor
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Match each situation with the fraud triangle factor (opportunity, financial pressure, or rationalization) that best describes it.

(a). An employee has check-writing and -signing responsibilities for a small company, and is also responsible for reconciling the bank account.

(b) An employee earns minimum wage at a firm that has reported record earnings for each of the last five years.

(c) An employee has an expensive gambling habit.

(d) An employee's monthly credit card payments are nearly 75% of her monthly earnings  

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