Padding Charges Is the Exaggeration of Time Spent Working on a Case

question 37

True/False

Padding charges is the exaggeration of time spent working on a case.

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Definitions:

Pretax Income

Pretax income is the amount of income earned by a business before taxes have been deducted.

Fixed Costs

Costs that do not change with the level of production or sales volume, such as rent or salaries.

Variable Costs

Costs that vary in direct proportion to changes in the level of production or sales volume.

Sales

Transactions involving the exchange of goods or services for money, contributing to a company's revenue.