IIA Exam IIA-CIA-Part1 Topic 8 Question 55 Discussion

Actual exam question for IIA's IIA-CIA-Part1 exam

Question #: 55
Topic #: 8

[All IIA-CIA-Part1 Questions]

Which of the following scenarios best illustrates the Fraud Triangle component known as "perceived opportunity"?

ASubstantial bonuses are awarded if financial targets are met.

BDuties are not properly segregated.

CEmployees may perceive favoritism and feel overlooked and resentful.

DBonuses may not be paid this year.

Show Suggested Answer

Suggested Answer: C

by Albina at Jul 09, 2024, 09:01 AM

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Earleen

3 months ago

B) is the winner here. Segregation of duties is a fundamental internal control that, when lacking, creates the perception that fraud can be committed without getting caught.

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Catina

2 months ago

C) Employees may perceive favoritism and feel overlooked and resentful.

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Giovanna

2 months ago

B) Duties are not properly segregated.

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Tawna

2 months ago

A) Substantial bonuses are awarded if financial targets are met.

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Melissa

3 months ago

Haha, D) Bonuses not being paid? That's the 'pressure' part of the fraud triangle, not the 'opportunity' bit. Nice try, though!

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Shawnda

1 months ago

C) Employees may perceive favoritism and feel overlooked and resentful.

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Audry

2 months ago

B) Duties are not properly segregated.

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An

3 months ago

A) Substantial bonuses are awarded if financial targets are met.

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James

3 months ago

I think C) is the best answer. Employees who feel overlooked and resentful are more likely to rationalize fraudulent behavior.

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Cordie

2 months ago

That makes sense, resentment can definitely play a role in fraud.

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Vi

3 months ago

I agree, feeling overlooked can lead to rationalizing fraud.

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Larae

3 months ago

B) Duties not properly segregated is the classic example of perceived opportunity. The lack of controls allows someone to take advantage and commit fraud.

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