Katie Worked as the Payroll Manager for a Large Company

question 10

Multiple Choice

Katie worked as the payroll manager for a large company.As a result of numerous personal losses at the casino,she started to issue paycheques to nonexistent employees,which she then auto-deposited into bank accounts that she had strategically opened.What type of crime is Katie guilty of?

• A) blue-collar
• B) white-collar
• C) corporate white-washing
• D) mala prohibita

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Definitions:

Return on Investment (ROI)

Return on Investment measures the gain or loss generated on an investment relative to the amount of money invested.

Appraisal Costs

Costs associated with measuring, evaluating, or auditing products or services to ensure they meet quality standards and regulatory compliance.

Internal Failure Costs

Costs that are incurred as a result of identifying defective products before they are shipped to customers.

External Failure Costs

Costs that occur after a product has been delivered to the customer and a defect has been found, including returns, repairs, and warranty claims.