grand canyon acc664 week 2 Fraud Triangle Assignment

For this assignment, you are to construct a diagram of the Fraud Triangle. For each of its components, provide the following:

1. An explanation (two to three paragraphs) of the component specifically addressing how it could contribute to fraud.
2. Examples of 8-10 internal controls that could help to reduce the impact of potential frauds related to that component of the Fraud Triangle.

While APA format is not required for the body of this assignment, solid academic writing is expected and in-text citations and references should be presented using APA documentation guidelines, which can be found in the APA Style Guide, located in the Student Success Center.

You are not required to submit this assignment to Turnitin, unless otherwise directed by your instructor. If so directed, refer to the Student Success Center for directions. Only Word documents can be submitted to Turnitin.