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  3. Study Set
    Auditing A Risk Based Approach
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    Exam 2: The Auditors Responsibilities Regarding Fraud and Mechanisms to Address Fraud: Regulation and Corporate Governance
  5. Question
    The Fraud Triangle Has Three Components
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The Fraud Triangle Has Three Components

Question 43

Question 43

Multiple Choice

The fraud triangle has three components. Which of the components must be present for a fraud to occur?


A) All factors must be present for fraud to occur.
B) All factors need not be present.
C) Fraud can occur if any one of the factors is present.
D) None of the above

Correct Answer:

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