Fraud refers to any intentional act to achieve gain, usually monetary. Committing a fraud is unethical and resulting in bad consequences, not just to the perpetrator, but also others (e.g. shareholders, workers etc.). Several example of fraud scenario are listed as follows:

i). Store manager misused companys car for personal purpose because he is the only person that monitor the movement and usage of the car.

ii). The accountant and the store keeper of AAA Enterprise co-operate in stealing the companys inventory and they gain a lot of money from it.

iii). The Chief Financial officer (CFO) of ABC Sdn Bhd had reported over $700,000 fake earnings because he wants to achieve sales target.

iv). XYZ Sdn Bhd booked revenues earlier than it should have because it was at risk of missing analyst estimates.

Required; a. Identify the type of fraud committed in the scenario i). to iv). b. Based on the fraud triangle (i.e. pressure, opportunity and rationalization), identify the cause of fraud happen in the scenario i). to iv). Justify your answer.