Which of the Following Would Not Be Considered to Be

question 305

Multiple Choice

Which of the following would not be considered to be white collar crime:

• A) bankruptcy fraud
• B) embezzlement
• C) burglary
• D) insider trading
• E) wire fraud

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Definitions:

Contribution Margin

The remaining income after removing variable expenses, allocated to settle fixed expenses and create profit.

Sales Mix

The combination of products or services that a company sells, represented in proportions or percentages.

Markup On Total Cost

A pricing strategy where a fixed percentage is added to the total cost of a product to determine its selling price.

Variable Product Cost

Costs that vary directly with the volume of production, such as raw materials and direct labor costs.