Minotaur Was Implemented to Prevent Fraud

question 50

True/False

Minotaur was implemented to prevent fraud.In the first 3 months following installation of Minotaur,the average fraud loss per case was reduced by 40 percent.

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Definitions:

Foreign Currency

Currency used in a country other than one's own, exchanged for goods, services, or to conduct financial transactions.

Australian Dollars

The currency of Australia, represented by the symbol AUD and used throughout the country.

Tax

Tax is a compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization to fund government spending and various public expenditures.

Brazilian Real

The official currency of Brazil, abbreviated as BRL, and symbolized by "R$".