What Is the Term Used to Describe a Particular Situation

question 26

Multiple Choice

What is the term used to describe a particular situation which creates enough pressure to push someone toward using crime as a solution to solve their problem?

• A)situational inducement
• B)occasional crime
• C)criminal incentive
• D)singular transaction

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Definitions:

AASB 138

A guideline issued by the Australian Accounting Standards Board that mandates how entities should account for and report on intangible assets.

Goodwill

The value of a company's brand name, solid customer base, good customer relations, good employee relations, and any patents or proprietary technology representing excess of purchase price over the fair market value of the net identifiable assets.

Business Combination

A transaction or event in which an acquirer gains control of one or more businesses.

Identifiability Criteria

The requirements for an asset to be considered identifiable, typically involving the asset being separable or arising from contractual or legal rights.