A Major Characteristic of Syndicate Operations, or Organized Crime, Is

question 14

Short Answer

A major characteristic of syndicate operations, or organized crime, is the _____ of weak and foolish public officials to secure immunity from arrest and prosecution.

---

Definitions:

Adjusting Entries

Entries made in the accounting records at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.

Post-Closing Trial Balance

A listing of all company account balances after end-of-period adjustments and closing entries have been made, used to check the balance of debits and credits.

Adjusted Trial Balance

A listing of all company accounts that will appear on the financial statements after adjustments have been made for errors, accruals, and deferrals.

Ledger

The principal book or computer file for recording and totaling economic transactions by account type, with debit and credit account records validated by a trial balance.