What Is the Term Applied to the Technique of Legitimizing

question 1

Multiple Choice

What is the term applied to the technique of legitimizing illegally earned revenue?

• A) corruption
• B) loan sharking
• C) money laundering
• D) papering

---

Definitions:

Cash Outflow

Money going out of a business as a result of payments made to others, including expenses, investments, and loan repayments.

Cash Flows

The total amount of money being transferred into and out of a business, especially affecting liquidity.

Company Name

The official legal name under which a business operates and is registered under law.

QuickBooks

An accounting software package developed and marketed by Intuit, aimed at small and medium-sized businesses for managing payroll, inventory, sales, and other financial needs.