Which of the Following Is an Example of Embezzlement

question 88

Multiple Choice

Which of the following is an example of embezzlement?

• A)A customer takes $10 of the bank's money which the teller has carelessly left on her desk.
• B)A person threatens a teller with a gun and forces the teller to hand over $100
• C)A customer takes $100,000 of the bank's money which the teller has carelessly left on her desk.
• D)The teller steals $100 of the bank's money out of her drawer
• E)Both A and C

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Definitions:

ATC

Average Total Cost, which is the total cost of production divided by the quantity of output produced.

Profit-Maximizing Firm

A business entity that focuses on activities and decisions that increase its net earnings to the highest possible level.

Horizontal Axis

In a graph or chart, the x-axis, which typically represents the independent variable or time scale.

Total Economic Profit

Total economic profit is the difference between a firm's total revenues and its total costs, including both explicit and implicit costs.