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3 years ago

Why are all three factors of the Fraud Triangle important, as it relates to the act of fraud?

Business

1 answer:

Aleks [24]3 years ago

8 0

Answer:

There are three important factors for fraud which are motive, opportunity and rationalization.

Explanation:

The three factors are also known as the fraud triangle, presence of all three factors is important to commit fraud absence of any one may result in reduction in chances of fraud but it is not completely eliminated. Motive is the need for money or some basic necessity due to which a person is forced to commit fraud. Opportunity is the chance available to commit a fraud. Rationalization is a mindset of a person which justifies his/her acts.

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Match the definitions to the relevant economic indicators.

Monica [59]

Fluctuation in economic activity

4 0

4 years ago

You are the beneficiary of a life insurance policy. The insurance company informs you that you have two options for receiving th

hoa [83]

Answer:

You need to have in mind that you are looking at the present value because the lump sum is worth $50,000 today. You need to compare the present for 10 years of your life would be worth today.

So:

FV=0

N=10 X 12=120

PMT= 641

I=6.5% / 12= 0.5417%

Solve for PV= $56,451.91 (is larger than $50,000)

7 0

3 years ago

On Wednesday, your boss asks you if you'd be willing to work an

Temka [501]

Answer:

Explanation:

I would go to work on Saturday as it has been agreed upon before my friend invited me to the beach.

3 0

1 year ago

The Work-in-Process inventory account of a manufacturing firm shows a balance of $3,250 at the end of an accounting period. The

max2010maxim [7]

Answer:

$1.25

Explanation:

With regards to the above and given that;

Direct material = $510 310

Direct labor = $410 $670

Manufacturing overhead?

Work in process = Direct material + Direct labor + manufacturing overhead

$3,250 = $820 + $1,080 + MOH

$3,250 - $1,900 = MOH

MOH = $1,350

Overhead rate = MOH/Direct labor hour

= $1,350/1080

= $1.25

3 0

3 years ago

Vanity Fair, the makers of Lee jeans, learned from market research that young men perceived the brand as being for women. As a r

liubo4ka [24]

Answer:

Product repositioning

Explanation:

Based on the information provided within the question it seems that Vanity Fair is using Product repositioning in this scenario. This term refers to when a company tries a different marketing technique in order to change the market's perception of their product or brand in order to increase sales performance. They are apparently doing this by putting a more masculine face (Buddy Lee) as the face of the products marketing campaign in order to change the perception that the shoes are for women.

If you have any more questions feel free to ask away at Brainly.

8 0

4 years ago