In a Disbursement Fraud the Company

question 63

Multiple Choice

In a disbursement fraud the company

• A)pays too much for ordered goods.
• B)pays for goods never received.
• C)laps cash payments at the bank.
• D)Both A and B are correct.

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Definitions:

Circular Flow Diagram

A visual model of the economy that shows how money flows through markets among households and firms, illustrating economic interactions.

Payments

Transactions or transfers of money or equivalents as a form of settling a debt or fulfilling an obligation.

Factors of Production

The inputs used in the production of goods or services in the process of creating economic value, including land, labor, capital, and entrepreneurship.

Goods and Services

The tangible and intangible items that satisfy human wants and needs, which are produced and consumed by individuals and businesses.