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Which of the Following Is FALSE Regarding Reducing the Risk

question 89

Multiple Choice

Which of the following is FALSE regarding reducing the risk of injury?

Grasp the concept and application of zero-based budgeting.
Analyze and prepare production budgets based on sales forecasts and inventory requirements.
Calculate cash collections and understand the impact of credit sales on cash flow.
Understand how budgetary planning and control contributes to a company’s financial health.

Definitions:

False Pretenses

Obtaining money, property, or services from another through misrepresentation or deceit.

Alimony Obligations

Financial support that one spouse is legally obligated to provide to the other during or after divorce proceedings.

Check Kiting

A fraudulent banking practice involving the use of non-existent funds or delays in the banking system to artificially inflate the balance of a bank account.

Check Defalcation

The misappropriation or embezzlement of funds involving a check, either by altering the check or by unauthorized issuance.

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