Which of the Payroll Fraud Scheme Listed Below Tend to Generate

question 48

Multiple Choice

Which of the payroll fraud scheme listed below tend to generate the largest losses?

• A)commission
• B)falsified hours and salary
• C)ghost employee
• D)false worker compensation

---

Definitions:

Tax Burden

The total amount of taxes paid by individuals or businesses, often expressed as a percentage of income or GDP.

Elasticity

The indicator of the responsiveness of the demand or supply of a product to shifts in key factors like price or income.

Perfectly Elastic

A perfectly elastic demand or supply refers to a situation where the quantity demanded or supplied changes infinitely in response to any change in price, represented by a horizontal line on a graph.

Tax Burden

The measure of taxes that an individual or business is required to pay, expressed as a percentage of income or profit.