When Two or More People Get Together for the Purpose

question 13

Multiple Choice

When two or more people get together for the purpose of circumventing prescribed controls, it is called

• A)fraud prevention.
• B)collusion.
• C)a division of duties.
• D)assignment of responsibilities.

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Definitions:

Pairs

Two things considered together because of similarity, opposition, or adjacency; often used in context to describe complementary items or concepts.

Marginal Cost

The outlay for creating another unit of a product or service.

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

Output

The total amount of goods or services produced by a company, industry, or economy within a specific period.