Falsely Reporting Income That Has Been Obtained Through Criminal Activity

question 134

Multiple Choice

Falsely reporting income that has been obtained through criminal activity, such as illegal drug transactions, as income obtained through a legitimate business enterprise is called

• A) insider trading.
• B) money laundering.
• C) obtaining goods by false pretenses.
• D) receiving stolen goods.

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Definitions:

Defined Contribution Plans

Defined contribution plans are retirement savings plans where the amount contributed is defined, but the benefit received at retirement depends on the investment's performance.

Noncontributory

A benefits plan where the employer bears the full cost without employee contributions.

Workplace-Related Injury

An injury or illness that occurs as a result of activities, environment, or duties associated with one's job.

Provinces and Territories

Designations for areas of governance within a larger country, notably used in Canada, where provinces have their own governments and territories are governed more directly by the federal government.