Question

According to the ACFE's 2018 Report to the Nations on Occupational Fraud and Abuse, the largest source of tips that fraud is occurring comes from: Customers Vendors Shareholders Employees 1 poin QUESTION 4 Donald R. Cressey (1919-1987) used his doctoral dissertation to study embezzlers, whom he called "trust violators." Upon completion of his research, he developed what still remains as the classical model for the occupational offender. In 1991, Dr. Steve Albrecht organized Cressey's three conditions into a tool that has become known as the "fraud triangle." Which answer below constitutes the three legs of the fraud triangle? O Perceived opportunity, perceived motive, and intellectualization Perceived pressure, perceived isolation, and rationalization Perceived motive, perceived opportunity, and minimization Perceived pressure, perceived opportunity, and rationalization

Answer 1

1) Employees of victim organisation

Association of certified fraud examiners is the world's largest anti-fraud organization and premier provider of anti-fraud training and education. 2018 global study on occupational fraud and abuse is the 10th edition of the largest global study on occupational fraud.

Since tips are the most common detection method,
it is important to understand where those tips come
from. More than half of all tips (53%) were provided by employees of the victim organizations. Meanwhile, nearly one-third (32%) of the tips that led to fraud detection came from people outside the organization: customers, vendors, and competitors. Active cultivation of tips and complaints, such as the promotion of fraud hotlines, is often geared primarily toward employees but this data suggests organizations should also consider promoting reporting mechanisms to outside parties, especially customers and vendors. Additionally, 14% of tips came from an anonymous source, demonstrating that a significant portion of those who reported fraud did not want their identities known.

Question 4

Answer D : Perceived pressure,perceived opportunity and rationalisation.

One leg of the triangle represents a Pressure, second leg represents opportunity and the final leg stands for rationalization. The fraud triangle views them as key conditions that tend to be present when fraud occurs