Which of the Following Is an Example of a Crime

question 13

Multiple Choice

Which of the following is an example of a crime that would be classified as white-collar crime?

• A) sexual assault of a student by a professor
• B) an employee stealing money out of the cash register after his shift
• C) a doctor performing unnecessary tests on a patient
• D) a patient not paying a hospital bill

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Definitions:

Liquidity

The ability to convert assets into cash.

Noncurrent Assets

Long-term assets not expected to be converted into cash within a year, such as property, plant, and equipment.

Uncollectible

Refers to debts or receivables that are deemed not recoverable and are therefore written off as a loss.

Fiscal Year

The annual accounting period adopted by a business.