• Briefly describe the conditions (fraud triangle).
• Do you think material misstatements in the financial statements of a company might be completely eliminated if a company were to establish an effective control environment that prevents each of the three factors from influencing the judgment of employees and management?

• While reviewing Case 3-3, United Thermostatic Controls in Ch. 3, determine the ethicality of Tony Cupertino as a CPA and CIA and how the three conditions of SAS No. 99 applies to their behavior in this case.