What Is the Essential Difference Between Occupational Crime and Corporate

question 5

Multiple Choice

What is the essential difference between occupational crime and corporate crime?

• A) Occupational crime involves large sums of money; whereas corporate crime involves smaller amounts of money.
• B) In occupational crime, the individual benefits; whereas in corporate crime, the corporation benefits from the crime.
• C) Corporate crime is illegal, occupational crime is legal.
• D) The perpetrator of corporate crime almost always is wealthy, which is not so in occupational crime.

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Definitions:

Beginning

In a finance or accounting context, beginning often refers to the starting point or initial value of an asset, liability, or any financial record at the start of a period.

Withdraw

The act of removing funds from an account or investment, or the process of backing out of an engagement or commitment.

Inherited

Received as an inheritance, passing on assets from a deceased person to their heirs or beneficiaries.

Ordinary Annuity

A series of equal payments made at regular intervals over a set period.