Exercise 1-5 (Algo) Identifying ethical terminology LO C2 Match each of the descriptions with the term or phrase it best reflects Term or Phrase Fraud triangle Description Employee has the opportunity, pressure and incentive to commit fraud, 2. A more effective way to stop fraud than detection 3. Procedures to reduce fraud examples are independent reviews, physical control and good records 4 Separates good and bad behaviot 5 Examine whether financial statements werepared using GAAP Audit Audit Ethic Fraud triangle Internal controls Prevention POM 814 Next >