The "Swoop and Squat," the Drive Down, the Sideswipe, and the T-Bone

question 50

Multiple Choice

The "swoop and squat," the drive down, the sideswipe, and the t-bone are forms of what type of crime?

• A)embezzlement
• B)third party fraud
• C)auto theft
• D)confidence games

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Definitions:

External Financing Needed

The amount of funding a company needs to support its operations and growth activities, beyond what can be generated internally.

Fixed Assets

Long-term tangible assets that are used in the operations of a business, such as buildings and machinery.

Net Working Capital Turnover

A measure of how effectively a company uses its net working capital to generate sales.

Total Fixed Assets

The combined value of all long-term assets that a company owns, which are not expected to be converted to cash within a year.