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Fraud Triangle
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linkedin.com
The fraud triangle - Accounting Foundations: Internal Controls Video Tutorial | LinkedIn Learning, formerly Lynda.com
In this video, learn about the three components of the fraud triangle. This is important for understanding the control environment.
Feb 24, 2020
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SOLVED: Identify the fraud triangle risk factor in each situation:Fraud triangle risk factor:Situation1. An employee feels underpaid and believes stealing inventory is justified.2. A worker did not receive a bonus this year and now feels it's okay to use the company credit card for personal expenses.3. A worker sees managers regularly take inventory for personal use.4. Employees are told to report increased income or be fired.5. Executives are told to report rising revenue or risk layoffs.Opport
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