You Read a

question 39

Multiple Choice

You read a

• A) marginal cost curve up and over.
• B) marginal cost curve over and down.
• C) supply curve up and over.
• D) supply curve as the minimum price businesses will accept.
• E) marginal cost curve as the maximum price businesses will accept.

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Definitions:

Detective Controls

Internal control mechanisms designed to identify and alert businesses of errors, fraud, or variances that occur in financial transactions.

Fraudulent Activities

Acts that intentionally deceive others for personal or financial gain.

Management

The process of planning, organizing, leading, and controlling resources to achieve organizational goals efficiently and effectively.

Segregation Of Duties

An internal control measure designed to reduce the risk of error or fraud by dividing responsibilities among different people or departments.