According to Shover, All of the Following Are Characteristics of a "Good

question 48

Multiple Choice

According to Shover, all of the following are characteristics of a "good burglar," except:

• A) technical skill.
• B) derives most of his or her income from burglary.
• C) is skilled in the use of violence when necessary.
• D) maintains a good reputation for personal integrity among other criminals.
• E) has feelings of self-satisfaction and accomplishment.

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Definitions:

Earnings Quality

An assessment of the reliability and sustainability of a company's income, indicating the extent to which earnings are derived from core business activities versus non-recurring, unusual transactions.

Deferred Tax Liability

A tax obligation that a company owes but does not have to pay until a future date, typically arising from differences between accounting practices and tax laws.

Deferred Tax Asset

An accounting term representing taxes that have been overpaid or paid in advance, which can be used to reduce future tax liability.

Temporary Differences

Differences between the tax base of an asset or liability and its carrying amount in the balance sheet that will result in taxable or deductible amounts in the future.