Fraud triangle helps the owners of the company eliminate the activities of fraud. If one of the leg is missing from the triangle fraud will not occur and if the three legs are presents high chances of fraud might happened.
That would be correct. I wouldn't say that it always eliminates the activities of fraud. It just reduces it. There is always a way to get around things, so instead of an absolute statement, it's more of a more than likely statement. Thanks for watching it.
Clear explanation. Thank you for making this lesson❤
thank you thank you. I always enjoy your videos.
Thanks for watching!
The explanation is clear and understandable
Thanks for watching!
I learned how to minimize the opportunity for Fraud in the workplace. Thank you.
Take away the opportunity and fraud becomes a very tough thing to accomplish. - Patrick
Thank you very much. This lesson is very insightful.
You’re welcome. It’s an important topic in accounting.
Thank you.
I learned about Fraud's components is "The legged stool." Opportunity, Rational, and Incentives.
That's what I am talking about!
Fraud triangle helps the owners of the company eliminate the activities of fraud. If one of the leg is missing from the triangle fraud will not occur and if the three legs are presents high chances of fraud might happened.
That would be correct. I wouldn't say that it always eliminates the activities of fraud. It just reduces it. There is always a way to get around things, so instead of an absolute statement, it's more of a more than likely statement. Thanks for watching it.
Thank you.