Fraud That Involves Theft of an Entity's Assets Is Called

question 20

Multiple Choice

Fraud that involves theft of an entity's assets is called:

• A) asset stripping.
• B) management fraud.
• C) employee fraud.
• D) misappropriation of assets.

---

Definitions:

Indiegogo

An international crowdfunding platform where people can raise funds for creative projects, products, or startups.

Lending Model

A crowdfunding model where funds are offered as loans with the expectation that the money will be repaid with interest.

Crowdfunders

Individuals or groups who fund projects or businesses through small contributions typically collected via online crowdfunding platforms.

Loans

Borrowed money that is expected to be repaid with interest.