Which of the following is true regarding the fraud triangle? a. The three elements of the fraud triangle are inter-active. b. A financial pressure to commit fraud is the strongest pressure of the three fraud triangle elements. c. Rationalization for the fraud act is thought of after the fraud has been committed. d. The perceived ability to conceal the fraud act concerns the rationalization side of the fraud triangle.

A.

Explanation:

The three elements of the fraud triangle are inter-active. For fraud to be successful, there would be opportunity, incentive and rationale.

A) The three elements of the fraud triangle are inter-active.

Explanation:

In order for fraud to occur, the three elements of the triangle (opportunity, pressure and rationalization) must come together plus a later element added which refers to the capacity of committing fraud. A more recent version of the fraud triangle includes a fourth element which basically refers to the capacity of committing the fraud.

Whether you include or not the fourth element, all the other 3 must be present in order for fraud to occur:

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henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi