Solution-Which would considered an example of opportunity

Which would considered an example of opportunity component

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Reference no: EM132613063

Problem 1: You are assessing the fraud risks at your client, ABC Industries Inc. which of the following would be considered an example of the opportunity component of the fraud triangle?

Option a. The company is required by the bank to maintain a deb-to-equity ratio no higher than 2 to 1 and a current ratio of 1.5 or higher.

Option b. Management's compensation package includes stock options and a bonus tied to company profits.

Option c. The company generates the bulk of its revenues via cash-based transactions at any one time a high balance of cash is kept on hand.

Option d. A prevalent sentiment amongst employee is that the company is flush with funds and could easily afford a small loss of assets.

Reference no: EM132613063

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Which would considered an example of opportunity component

Reference no: EM132613063

Reference no: EM132613063

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