Comprehensive and Detailed Step-by-Step Explanation:
Opportunity Element: This element of the Fraud Triangle refers to situations where weaknesses in controls provide the ability for someone to commit fraud without being detected. Poor segregation of duties, as described in Option C, creates such opportunities.
Example: Allowing an executive assistant to authorize payments without oversight significantly increases the risk of fraud.
[: IIA Practice Guide on Fraud Risk Management identifies segregation of duties as a critical control to mitigate opportunities for fraud., Other Options:, Option A: This describes potential pressure rather than opportunity., Option B: This describes setting challenging performance objectives, which could lead to rationalization or pressure but not directly opportunity., Thus, the correct answer is C., , ]
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