Pretexting Occurs When Someone Deceives by Pretending to Be Someone

question 50

True/False

Pretexting occurs when someone deceives by pretending to be someone else.

---

Definitions:

Accounts Receivable

Funds that a business is due to receive from its clients for products supplied or services rendered, but which have not been paid for yet.

Capital Balances

The amount of money that owners have invested in a company, plus any retained earnings or minus any losses.

Partnership

An authorized business setup in which a group of individuals jointly manage the operation and distribution of profits.

Profit Share

A portion of a company's profits allocated to its employees, shareholders, or partners, often as an incentive or reward.