Which of the Following Is True of White-Collar Crime

question 60

Multiple Choice

Which of the following is true of white-collar crime?

• A) The offender is more likely to receive a prison sentence than a fine.
• B) Conviction generally does not harm the person's reputation or career aspirations as much as conviction for a street crime would.
• C) Most cases are heard in municipal courts.
• D) All of these answers are correct.

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Definitions:

Plan Assets

Assets that are held by a retirement plan from which the benefits to the participants are to be paid.

Funded Status

A measure of the financial health of a pension plan, indicating the difference between plan assets and liabilities.

Actuarial Value

A measure of the average amount of benefit a health insurance plan is expected to pay, used to compare different health insurance policies.

Actuary

A professional who analyzes financial risk using mathematics, statistics, and financial theory, mostly in the insurance and pension plan industries.