Gross Investment May or May Not Equal Gross Savings

question 14

True/False

Gross investment may or may not equal gross savings.

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Definitions:

Forged Indorsement

This refers to an unauthorized signature on a negotiable instrument, such as a check, that falsely purports to be that of the named endorsee.

Non-Existent Employee

A fabricated or fictitious employee created on company records, usually for fraudulent purposes like embezzlement.

Borne

Carried or transported by; often used in the context of who is responsible for paying for something, e.g., "costs borne by the company."

Impostor

An impostor is someone who deceives others by assuming a false identity or role to gain certain benefits or advantages.