Which of the Following Would Be an Indirect Victim of White

question 47

Multiple Choice

Which of the following would be an indirect victim of white collar crime?

• A) An employer whose employees have embezzled significant sums from the company
• B) The patient of a physician who performed an unnecessary operation on him
• C) A welfare client whose services are cut after the state welfare department is defrauded by a private corporation
• D) An employee who suffers serious health problems after her employer illegally fails to implement safety measures

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Definitions:

Carrying Value

The original cost of an asset or liability adjusted for depreciation, amortization, or impairment, reflecting its current book value.

Journal Entry

A record in the accounting ledger that shows a business transaction, involving a debit to one or more accounts and a credit to another to balance.

Consolidated Financial Statements

Financial reports that display the economic condition, operational outcomes, and cash movements of a parent company and its subsidiary companies as one consolidated entity.

Pooling-of-interests Method

A merger accounting method where the assets and liabilities of merging companies are combined using their book values.