Which of the Following Is Using Fraudulent Means to Obtain

question 59

Multiple Choice

Which of the following is using fraudulent means to obtain information about someone's phone use?

• A) Pretexting
• B) Ponzi scheme
• C) False pretenses
• D) False token
• E) Defalcation

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Definitions:

Liability

Obligations or debts that an entity owes to others, which must be settled through the transfer of assets or services.

Services Performed

Tasks or work completed, particularly in the context of professional or commercial services.

Depreciation Expense

An accounting method used to allocate the cost of a tangible asset over its useful life, representing how much of an asset's value has been used up over a period.

Accumulated Depreciation

The cumulative total of the depreciation expense allocated for a physical asset from the time it was first utilized.