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Fact Pattern 14-1 Beatrice, a Bank Teller, Was Angry with Her Employer, Big

question 60

Multiple Choice

Fact Pattern 14-1
Beatrice, a bank teller, was angry with her employer, Big Bank, because she did not get a raise. Each day she begins to keep for her own use small amounts out of funds deposited by customers at her station. Eventually, she is caught when customers begin to complain about discrepancies, and bank officials conduct surveillance of her actions. Big Bank is very unpopular in the community because of a number of foreclosures. The trial against Beatrice results in a hung jury when the twelve jurors are hopelessly deadlocked, probably because of their dislike of Big Bank. Beatrice is thrilled and believes that she can forget about the whole mess although her cell mate tells her that she may not be out of the woods yet.
-Refer to Fact Pattern 14-1.What crime had Beatrice committed?

Definitions:

DFL

Degree of Financial Leverage; a measure that evaluates the sensitivity of a company's earnings per share to fluctuations in its operating income, highlighting the impact of financial leverage.

DOL

Degree of Operating Leverage, a measure of a company's operating risk by quantifying how a change in sales affects its operating income.

Earnings Per Share (EPS)

Earnings Per Share (EPS) is a financial metric that divides a company's profit attributable to each outstanding share of common stock, indicating the company's profitability.

Business Risk

The exposure a company or investor has to factors that can lower its profits or lead to its failure.