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Two or More People Working Together to Circumvent Internal Controls

question 165

Multiple Choice

Two or more people working together to circumvent internal controls and defraud a company is known as ________.


Definitions:

Proximity To Raw Materials

The strategic advantage gained by being located near the supply of raw materials, reducing transportation costs and time.

Physical Characteristics

The tangible attributes or features of an object, person, or location that can be observed with the senses.

Labor Supply

The total hours that workers or employees are willing to work at a given wage rate, or the availability of workers available to work in an economy.

Flexible Manufacturing

A system that allows for easy adaptation to changes in product design and demand by using versatile equipment and computer systems.

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