Clearly define the fraud triangle and explain how you could prevent/reduce fraud from happening in your business.

Students are required to create a fictitious company (preferably a manufacturing company). The company will have the following details:

1) A brief description about the company, including industry information and products.

2) An organizational chart showing clearly the corporate structure.

3) Clearly explain your business cycles (Revenue, Expenditure, HR, Conversion) that you will use for your business.

4) Clearly define the fraud triangle and explain how you could prevent/reduce fraud from happening in your business.

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