The Practice of Placing Unauthorized,misleading,inaccurate,or Deceptive Charges on the Victims

question 52

Multiple Choice

The practice of placing unauthorized,misleading,inaccurate,or deceptive charges on the victims phone bill is an example of

• A) a prime bank note.
• B) cramming.
• C) viatical settlements.
• D) major fraud.

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Definitions:

Factory Overhead

Costs associated with the operation of a manufacturing plant that are not directly tied to individual products, such as maintenance.

Direct Labor

The compensation, such as salaries or wages, given to workers who are directly engaged in producing goods or services.

Manufacturing Costs

Expenses directly related to the production of goods, including raw materials, labor, and overhead.

Prime Costs

The sum of direct materials cost and direct labor cost, representing the primary costs involved in producing a product.