Which of the Following Is a Characteristic of Embezzelers

question 98

Multiple Choice

Which of the following is a characteristic of embezzelers?

• A) most are the elderly
• B) most are women
• C) most are upper class
• D) most lack a criminal history

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Definitions:

Adjusting Journal Entry

An accounting record made to amend the preliminary financial statements towards the accrual basis of accounting, ensuring all revenues and expenses are recorded in the correct period.

Depreciation

An accounting method of allocating the cost of a tangible asset over its useful life.

Assets

Economic resources controlled or owned by a business, which are expected to produce benefits or value in the future.

Owner's Equity

The residual interest in the assets of a company after deducting liabilities, representing what the owners truly own.