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garik1379 [7]
3 years ago
8

Most fraud investigators utilize the fraud triangle theory. A new theory called the fraud diamond has been proposed. Which of th

e following is an element of the fraud diamond and is not an element of the fraud triangle?
A. MotiveB. OpportunityC. CapabilityD. Liquidity
Business
1 answer:
Sonja [21]3 years ago
7 0

Answer:

The correct answer is letter "C": Capability.

Explanation:

American criminologist Donald Cressey (1919-1987) proposed the Fraud Triangle Theory to explain the factor leading to such actions. According to Cressey, those components are <em>Pressure, Opportunity, </em>and <em>Rationalization.</em>

David Wolfe and Dana R. Hermanson introduced in 2004 the Fraud Diamond Theory with the same purpose as Cressey but they considered there are four (4) factors influencing individuals to commit fraud: <em>Pressure, Opportunity, Rationalization, </em>and <em>Capability.</em>

Thus, <em>the Diamond Theory includes the capability factor compared to the Triangle Theory that does not.</em>

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what do people mean when they say that it is better to balance the economy than to balance the budget?
hammer [34]
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Lasley Cash, Ltd. operates a chain of exclusive ski hat boutiques in the western United States. The stores purchase several hat
yKpoI14uk [10]

Answer:

CMR: 52% --> each dollar of sales generates 52 cent of contribution

VCR: 48% --> 48 cent per dollar of sales are cost

BEPu:    10,000 units will pay up the cost to purchasethis units and the fixed cost for the business.

BEPs: $ 250,000 in sales pay up both, fixed and varible operating cost.

Explanation:

selling price per hat:  $ 25

variable cost per hat: $  12

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13/25 = 0.52

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12/25 = 0.48

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Break even point:

\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}

\frac{130,000}{0.52} = Break\: Even\: Point_{dollars}

dollars of sales BEP: 250,000

\frac{Fixed\:Cost}{Contribution \:Margin} = Break\: Even\: Point_{units}

\frac{130,000}{13} = Break\: Even\: Point_{units}

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Read 2 more answers
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