Unformatted text preview: ctors of fraud: motive, opportunity, and rationalization. a. True b. False 14. A gambling problem would be considered an example of the rationalization factor in the fraud pyramid. a. True b. False 15. Ineffective internal controls are a tempting open door or opportunity for fraud. a. True b. False 16. Effective internal controls will always stop fraud. a. True b. False 19. A business in a declining industry would be an example of a motivation risk factor. a. True b. False 20. High turnover of senior management would be an example of a motivation risk factor. a. True b. False Page 5 of 44...
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This note was uploaded on 07/16/2010 for the course ACCOUNTING 2301 taught by Professor Norton during the Summer '10 term at Academy of Design Tampa.
- Summer '10