Examlex
What are the three pathways to crime identified by Loeber? Explain each of them.
Net Income
The total profit of a company after all revenues and gains are added together and all expenses and losses are subtracted.
FOB Shipping Point
A term indicating that the buyer assumes responsibility for the goods once the seller ships them.
Net Income
The total earnings of a company after subtracting all costs and expenses, including taxes and interest, from its total revenues.
Physical Inventory
A process of counting and verifying the actual items of inventory on hand, typically conducted at the end of a fiscal period.
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