All of the Following Are Possible Ways to Commit Fraud

question 46

Multiple Choice

All of the following are possible ways to commit fraud by using a payroll scheme EXCEPT:

• A)overstating expenses.
• B)falsifying hours worked.
• C)creating ghost employees.
• D)producing false worker compensation claim.

---

Definitions:

Dumping

The practice of selling a product in a foreign market at a price below its production cost or domestic price, often aimed at gaining market share or driving out competition.

Export Subsidy

A governmental policy of providing financial support to domestic producers or exporters to encourage exports, lower their prices in global markets, and enhance competitiveness.

Negative Tariff

Generally not a recognized economic term, suggesting a reverse scenario where a government pays subsidies on certain imports rather than applying charges. NO.

Tax

A compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures.