______ Involves the Actus Reus of Circulating or Using a Forged

question 13

Multiple Choice

______ involves the actus reus of circulating or using a forged document.

• A) Uttering
• B) Forgery
• C) Simulation
• D) Larceny

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Definitions:

Raw Materials

These are the base ingredients or components that companies use in the production of goods.

Materials Price Variance

The difference between the actual cost of materials used in production and the standard cost of those materials.

Materials Quantity Variance

The difference between the actual quantity of materials used in production and the standard quantity expected, multiplied by the standard cost per unit of material.

Cash Account

A financial account that tracks the money that is readily available for a company or individual, including physical currency and balances in bank accounts.