Question

Which of the following is NOT one of the three elements of the fraud triangle?

a) perceived pressure
b) perceived opportunity
c) rationalization
d) intelligence

Answer 1

Introducing the three elements of the fraud triangle and explaining that intelligence is not one of them.

Step-by-step explanation:

The question is related to the field of Business and is appropriate for High School level students.

The three elements of the fraud triangle are:

1. Perceived pressure: This refers to the financial, emotional, or other pressures that motivate an individual to commit fraud.
2. Perceived opportunity: This refers to the circumstances and conditions that allow an individual to commit fraud without being detected or punished.
3. Rationalization: This refers to the mindset or justification that an individual develops to convince themselves that fraud is acceptable or necessary.

Therefore, the correct answer is d) intelligence as it is not one of the elements of the fraud triangle.