Which of the following elements is not part of the fraud triangle?

a. Vices
b. Pressures
c. Opportunities
d. Rationalizations


a

Business

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An estimate of the amount for which an asset can be sold at the end of its useful life is called residual value

a. True b. False Indicate whether the statement is true or false

Business

Which of the following statements does not describe how retailers use a customer lifetime value (CLV)?

A. Sophisticated statistical methods are typically used to estimate the future contributions from past purchases. B. CLV is used to identify and cater to the best and more profitable customers. C. A customer who spends $800 twice a year has a higher CLV than a customer that spends $100 each month. D. An RFM analysis is often used by catalog retailers and direct marketers in estimating their customers' lifetime value. E. CLV should be estimated under the assumption that the customer's future purchase behaviors will be the same as they have been in the past.

Business

A variance must be approved by the Board of Adjustment

Indicate whether the statement is true or false

Business

Canadian Airline did market research to determine the expectations of business travelers-its target market. It learned business travelers don't view air travel as a simple product but as a inconsistently performed sequential process that includes making reservations, checking-in, waiting, boarding, in-flight time and baggage pick-up. Canadian Airline diagnosed that a problem existed with its:

A. Internal performance requirement B. Overall service quality perception C. Service dimension gap D. Diagnostic capabilities E. Service encounter sequence

Business