Fraud That Involves Theft of an Entity's Assets Is Called

question 73

Multiple Choice

Fraud that involves theft of an entity's assets is called:

• A) employee fraud.
• B) management fraud.
• C) misappropriation of assets.
• D) asset stripping.

---

Definitions:

Interviewee Comfort

The state of being at ease and relaxed during an interview, often resulting in more genuine and open communication.

Price Floor

A government or regulatory-imposed minimum price set above the equilibrium price, preventing market prices from falling below it.

Producer Surplus

The difference between what producers are willing to accept for a good versus what they actually receive, measured as the area above the supply curve and below the market price.

Government Spend

Public expenditure by government entities on goods, services, and infrastructure for a country's economy and citizens' welfare.