Which of the Following Is the Least Costly Disbursement Scheme

question 29

Multiple Choice

Which of the following is the least costly disbursement scheme?

• A) Check tampering
• B) Billing scheme
• C) Register disbursement scheme
• D) Expense scheme

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Definitions:

Indirect Business Taxes

Taxes levied on goods and services rather than on income or profits, such as sales tax, often passed on to the consumer.

Rent

The payment made by a tenant to a landlord for the use of a property, room, or apartment for a specified period.

Depreciation

Accounting method of allocating the cost of a tangible or physical asset over its useful life, reflecting wear and use over time.

Indirect Business Taxes

Taxes levied on goods and services rather than on income or profits, such as sales tax or value-added tax, ultimately passed on to consumers in the form of higher prices.