A 'Crime' Is

question 47

Multiple Choice

A 'crime' is:

• A)an act that causes harm to another person and gives that person the right to commence litigation to recover compensation or some other civil remedy.
• B)a legally enforceable agreement.
• C)an act that constitutes breach of a statutory provision, giving rise to statutory liability.
• D)a harmful act or omission that leads to prosecution by the State and punishment of the offender.

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Definitions:

Other Comprehensive Income

Revenues, expenses, gains, and losses that are not included in net income but affect a company's equity, including items like foreign currency items and unrealized gains on securities.

Statement Of Income

A financial report that shows a company's revenues, expenses, and profits over a specific period, typically a quarter or year, also known as an income statement.

Unrealized Gains

Increases in the value of assets that a company holds which have not yet been sold and thus not "realized."

Non-Strategic Investments

Non-strategic investments are investments made by a company that do not align directly with its core business activities or strategic goals.