Podcast
Questions and Answers
What can lead to about 95% of all cases of fraud?
What can lead to about 95% of all cases of fraud?
- Ineffective financial reporting
- Organizational structure
- Financial pressure resulting from personal and employment stress (correct)
- Lack of internal control procedures
What is the 'opportunity' point of the Fraud Triangle primarily related to?
What is the 'opportunity' point of the Fraud Triangle primarily related to?
- External market pressures
- Ineffective control or governance system (correct)
- Lack of organizational structure
- Internal communication breakdown
What can reduce the risk of fraud in any organization?
What can reduce the risk of fraud in any organization?
- Rationalization of unethical behavior
- Justification of criminal activity
- Internal control procedures (correct)
- Financial pressure
What does rationalization refer to in the context of unethical behavior?
What does rationalization refer to in the context of unethical behavior?
What kind of problem do trust violators consider non-shareable in the text?
What kind of problem do trust violators consider non-shareable in the text?
What enables trust violators to adjust their conceptions of themselves as trusted persons with their conceptions of themselves as users of entrusted funds or property?
What enables trust violators to adjust their conceptions of themselves as trusted persons with their conceptions of themselves as users of entrusted funds or property?
When does pressure become unbalanced and potentially destructive according to the text?
When does pressure become unbalanced and potentially destructive according to the text?
What does opportunity refer to in the context of fraud according to the text?
What does opportunity refer to in the context of fraud according to the text?
"Trust violators" are able to secretly resolve their financial problems by violating what according to the text?
"Trust violators" are able to secretly resolve their financial problems by violating what according to the text?
