7) For fraud to occur, three things must exist. Identity the three things. 8) Identify each of the following as an example of perceived opportunity, rationalization, and perceived pressure. No one will notice. I’ll pay it back. I do not make enough. The cash register was open. I need to pay my mortgage. Greed. 9) Identify each of the following as an example of perceived pressure (PP), perceived opportunity (PO), or rationalization (R) in the fraud triangle. PP, PO, or R Activity Committing a fraud because of a gambling addiction. An employee believes that getting away with a fraud without being detected is unlikely. "I didn't steal the money, I only borrowed it until I can pay it back." Committing a fraud because the employee feels that it will be easy to do. The factor that might make a person steal money because "The company has more than its fair share." Committing a fraud because of a drug habit or living beyond your means.

7) For fraud to occur, three things must exist. Identity the three things. 8) Identify each of the following as an example of perceived opportunity, rationalization, and perceived pressure. ...

7) For fraud to occur, three things must exist. Identity the three things.

8) Identify each of the following as an example of perceived opportunity, rationalization, and perceived pressure.

9) Identify each of the following as an example of perceived pressure (PP), perceived opportunity (PO), or rationalization (R) in the fraud triangle.

PP, PO, or R	Activity
	Committing a fraud because of a gambling addiction.
	An employee believes that getting away with a fraud without being detected is unlikely.
	"I didn't steal the money, I only borrowed it until I can pay it back."
	Committing a fraud because the employee feels that it will be easy to do.
	The factor that might make a person steal money because "The company has more than its fair share."
	Committing a fraud because of a drug habit or living beyond your means.

May 15, 2022