Internal Control-Fraud TriangleIdentify the fraud triangle risk factor (opportunity-O, pressure-P orrationalization-R) in each situation.1.2.3.Employeees are told to report increased income or be fired.Several sales clerks share the same cash drawer.A worker did not receive a bonus this year and now feels it's okayto use the company credit cared for personal expenses.4.Doors safeguarding valuable merchandise are not locked with apasscode.An employee feels underpaid and believes stealing inventory isjustified.5.

The Fraud Triangle is a concept used in explaining structured auditing for analyzing the reason…

Internal Control-Fraud Triangle Identify the fraud triangle risk factor (opportunity-O, pressure-P or rationalization-R) in each situation. Employeees are told to report increased income or be fired. Several sales clerks share the same cash drawer. 1. 2. 3. A worker did not receive a bonus this year and now feels it's okay to use the company credit cared for personal expenses. 4. Doors safeguarding valuable merchandise are not locked with a passcode. An employee feels underpaid and believes stealing inventory is justified. 5.

Internal Control-Fraud Triangle Identify the fraud triangle risk factor (opportunity-O, pressure-P or rationalization-R) in each situation. Employeees are told to report increased income or be fired. Several sales clerks share the same cash drawer. 1. 2. 3. A worker did not receive a bonus this year and now feels it's okay to use the company credit cared for personal expenses. 4. Doors safeguarding valuable merchandise are not locked with a passcode. An employee feels underpaid and believes stealing inventory is justified. 5.

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter7A: Internal Controls

Section: Chapter Questions

Problem 4SPA

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