Which of the following elements listed is one of the three basic elements of the fraud motivation triangle?
a. Concealment
b. Theft Act
c. Opportunity
d. Conversion
c
FEEDBACK: a. Incorrect. This is an element of fraud element triangle.
b. Incorrect. This is an element of fraud element triangle.
c. Correct. Theft, concealment and conversion are all elements of fraud triangle, but opportunity is part of the fraud motivation triangle.
d. Incorrect. This is an element of fraud element triangle.
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