Which of the Following Is Among the Three Most Common

question 44

Multiple Choice

Which of the following is among the three most common types of embezzlement?

• A) processing fraudulent invoices
• B) defrauding the government out of tax revenue
• C) cashing client checks into personal accounts
• D) directing business toward clients with whom a personal relationship exists

---

Definitions:

Patent

A legal right granted by a government to an inventor to exclusively produce, use, and sell an invention for a specific number of years.

Amortized

Refers to the process of gradually paying off a debt or spreading out the cost of an intangible asset over its useful life.

Intangible Assets

Intangible assets are non-physical assets having value due to their intellectual or contractual rights and may include patents, trademarks, and goodwill.

Trademarks

Symbols, names, phrases, or logos registered or established by use as representing a company or product.