The fraud triangle has been used to identify conditions or circumstances that typically present in financial frauds. Using the fraud triangle, identify the internal control weaknesses and fraud risk factors that were present in the case.

How might these risk factors and control weaknesses contribute to fraud?

What role can management accountants play in preventing and detecting fraudulent activities and other illegal activities?

Based on what Cathy has observed, do you think Kimberly is doing something unethical?

Do you think Cathy is doing something unethical? Defend your answers.