The three main components of the fraud triangle are: A. rationalization, opportunity, and greed. B. motive, opportunity, and rationalization. C. opportunity, motive, and lack of ethics. D. none of the above. The Sarbanes-Oxley Act created the American Institute of Certified Public Accountants to oversee the audits of public companies. True O False Gravel Corporation borrowed $250,000 from a bank on January 1, 2022, by signing a 10%, six-month note. The journal entry made by Gravel on January 1, 2022. will debit A. Interest Expense for $25,000 and credit Interest Payable for $25,000. B. Cash for $250,000 and credit Notes Payable for $250,000 C. Interest Expense for $25,000 and credit Cash for $25,000 OD. Cash for $225,000 and credit Notes Payable for $225,000. All contingent liabilities should be reported as liabilities on the financial statements, even those that are unlikely to occur. O True O False Notes payable due in six months are reported as O A. contra-assets on the income statement. B. long-term liabilities on the balance sheet. O C. current liabilities on the income statement. D. current liabilities on the balance sheet