Which of the Following Is Not a Way to Make

question 47

Multiple Choice

Which of the following is not a way to make fraud less likely to occur?

• A)Adopt an organizational structure that minimizes the likelihood of fraud.
• B)Create an organizational culture that stresses integrity and commitment to ethical values.
• C)Create an audit trail so individual transactions can be traced.
• D)Effectively supervise employees.

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Definitions:

Consumer Surplus

The deviation between the monetary amount consumers are willing to pay for a good or service and the monetary amount they actually pay.

Consumer Surplus

The difference between the maximum price a consumer is willing to pay and the actual price they do pay.

Consumer Surplus

The economic benefit enjoyed by consumers when they pay less for a product than what they were prepared to pay.

Producer Surplus

The financial gap between the price sellers are willing to accept for goods or services and the price they eventually get.