An Accessory After the Fact Might Provide the Principal or Accomplices

question 2

Multiple Choice

An accessory after the fact might provide the principal or accomplices several forms of aid and assistance,including

• A)getting a plane ticket to fly from somewhere else back to where the crime was committed
• B)counseling to help the offenders take responsibility for their actions
• C)a place to hide.
• D)giving directions when asked by the principle.

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Definitions:

Fiscal Year

A one-year period that companies and governments use for financial reporting and budgeting, which does not necessarily coincide with the calendar year.

Direct Write-Off Method

An accounting approach where uncollectible debts are written off directly against income at the time they are deemed nonrecoverable.

Bad Debts Expense

Bad debts expense represents the amount of receivables a company estimates it will not collect due to customer defaults.

Trade Receivables

Amounts owed to a business by its customers for goods or services delivered on credit.