Questions

BACC011 Week 4: Practice Quiz

Multiple choice

Donald Cressey, an American criminologist developed the fraud triangle to explain how everyday employees, like you and me, end up committing workplace fraud. If all three elements of the fraud triangle exist, then this greatly increases the chances of fraud in the workplace. What are the three elements of the fraud triangle? Select the three elements from the list.

Options

A.Perceived opportunity.

B.Incentives or pressures.

C.Attitudes and rationalisations.

D.Separation of duties.

E.Monitoring of internal controls.

F.Control environment.

G.Risk assessment.

H.Internal control activities.

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Step-by-Step Analysis

Question restatement: The prompt asks for the three elements of the fraud triangle as identified by Donald Cressey, and to select the three elements from the provided list. Option 1: Perceived opportunity. This element refers to the opportunity the offender perceives to commit fraud, typically arising from weaknesses in internal controls or the ability to bypass them. It is a core component of the fraud triangle and is widely cited as one of the three essential factors. Option 2: Incentives or pressures. This element capt......Login to view full explanation

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