Which of the Following Statements Is NOT True

question 20

Multiple Choice

Which of the following statements is NOT true?

• A) It is much more difficult to get a criminal conviction than it is to get a judgment in a civil case.
• B) A preponderance of the evidence (more than 50 percent) is necessary to win a civil case.
• C) Criminal convictions are only successful if there is overwhelming, undeniable proof that the perpetrator "intentionally" stole money or other assets.
• D) Civil actions are quite rare in cases of employee fraud because perpetrators have usually spent the money they stole.

---

Definitions:

Shares Issued

The total number of shares that have been allocated to shareholders and company officers.

Paid-In Capital

This refers to the total amount of cash and other assets received from shareholders in exchange for stock.

Common Stock

A type of equity security that represents ownership in a corporation, with rights to vote on corporate issues and receive dividends.

Treasury Stock

Refers to shares that were issued and later repurchased by the corporation, reducing the amount of outstanding stock on the open market.