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Research indicates that the most frequent type of fraud is
Avoidable Costs
Expenses that can be eliminated if a particular decision or activity is discontinued.
Time-Driven
Refers to a method or process that is triggered or determined by the passage of time.
Activity-Based Costing
A methodology for calculating costs that distributes overhead and indirect expenses to products and services relative to the activities they utilize.
Customer Cost Analysis
The process of analyzing the costs related to acquiring and serving a customer, often to determine profitability.
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