Examlex

Solved

Which of the Following Types of Fraud Occurs When a Fraudster

question 32

Multiple Choice

Which of the following types of fraud occurs when a fraudster adds hidden charges to the advertised price, perhaps in shipping or handling?


Definitions:

Appraisal Costs

Costs that are incurred to identify defective products before the products are shipped to customers.

Quality Costs

Expenses associated with preventing, detecting, and correcting defective work, including costs of inspections, tests, and warranties.

Prevention

Measures or actions taken to reduce the risk of errors, defects, or damages in a production process or operation.

Appraisal

An evaluation, usually by an expert, to determine the value of a property or asset.

Related Questions