Which Consequence of White-Collar Crime Is Believed to Have Greater

question 12

Multiple Choice

Which consequence of white-collar crime is believed to have greater weight than the economic losses?

• A) diminished faith in free economy
• B) erosion of public morality
• C) loss of confidence in political institutions, processes, and leaders
• D) mistrust of the offender

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Definitions:

Variable Cost

Expenditures that change in direct relation to production volume or output level.

Capacity

The maximum level of output that a company can sustain to make a product or provide a service, given available resources.

Operating Loss

A financial situation where a business's operating expenses exceed its revenues.

Variable Cost

Expenses that change in proportion with the production activity of a business.