The Type of Fraud Committed by Employees of an Entity

question 150

Multiple Choice

The type of fraud committed by employees of an entity, who steal money from the company and cover it up through erroneous entries in the books, is called:

• A)misappropriation of assets.
• B)fraudulent financial reporting.
• C)pishing.
• D)collusion.

Identify the subject matter specialization within economics, e.g., microeconomics and macroeconomics.

Describe the roles and duties of various economic advisory bodies and government offices in formulating economic policies.

Analyze the shifts and movements on the production possibilities frontier and interpret their implications.

Understand how technological advancements affect the economy's production possibilities.

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Definitions:

Interest Rate

The amount charged by a lender to a borrower for the use of assets, expressed as a percentage of the principal, usually on an annual basis.

Optimal Capital Structure

The ideal mix of debt and equity financing that minimizes a company's cost of capital and maximizes its value and stock price.

WACC

Weighted Average Cost of Capital, a calculation of a firm's cost of capital that weighs each category of capital proportionately.

EPS

EPS stands for Earnings Per Share, a key financial indicator that divides net earnings available to shareholders by the average outstanding shares, illustrating the company's profit on a per-share basis.