MindTap Accounting, 1 term (6 months) Printed Access Card for Johnstone/Gramling/Rittenberg's Auditing: A Risk Based-Approach, 11th
MindTap Accounting, 1 term (6 months) Printed Access Card for Johnstone/Gramling/Rittenberg's Auditing: A Risk Based-Approach, 11th
11th Edition
ISBN: 9781337619509
Author: JOHNSTONE, Karla M; Gramling, Audrey A.; Rittenberg, Larry E.
Publisher: Cengage Learning
Question
Book Icon
Chapter 2, Problem 6CYBK
To determine

Introduction:Fraud triangle refers to conditions that are present when fraud is committed. Fraud triangle consists of opportunities, incentives or pressure, and rationalization that result in occurrence of fraud.

To explain:Whether the management compensation scheme affects opportunity to commit fraud.

Blurred answer
Students have asked these similar questions
Explain the problems of adverse selection and moral hazard caused by asymmetricinformation. How can financial intermediaries alleviate those problems?
How to prevent and detect fraud, and make it less likely to occur in organization?
Which of the following is not an element of the fraudtriangle?a. Opportunityb. Control environmentc. Incentived. Rationalization