Which of the Following Would NOT Be Classified Under Insurance

question 59

Multiple Choice

Which of the following would NOT be classified under insurance and loan fraud?

• A) enrolling in distance education and online courses using fake identities
• B) creating multiple accounts with a bank to commit-tax related fraud
• C) dropping out of community colleges upon receiving government loans for education
• D) obtaining free medical care by procuring a victim's personal information

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Definitions:

Total Asset Turnover

An activity ratio that measures how efficiently the firm uses all of its assets to generate sales; a high ratio generally reflects good overall management.

Efficiently

Performing tasks in the most effective way with the least waste of time and effort.

Assets

Economic resources owned or controlled by an individual or organization that are expected to produce positive economic value.

Return on Equity

A measure of financial performance calculated by dividing net income by shareholders' equity, indicating how efficiently a company uses investments to generate earnings growth.