Which of the Following Gains Does Not Result Solely in an Ordinary

question 43

Multiple Choice

Which of the following gains does not result solely in an ordinary gain or loss?

• A)Sale of equipment held for less than a year.
• B)Sale of inventory.
• C)Sale of equipment where the gain realized exceeds the accumulated depreciation.
• D)Sale of equipment where the accumulated depreciation exceeds the gain realized.
• E)None of the choices are correct.

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Definitions:

White-Collar Crime

Non-violent criminal activities committed by individuals, businesses, or government officials typically involving financial deception or fraud.

Distinguished

Characterized by excellence or distinction; noted for significant achievement.

Other Crimes

Evidence of a defendant's past wrongdoings or criminal acts that can be introduced in court to show a pattern of behavior or to prove motive, opportunity, intent, or preparation.

Cyber Terrorist

A hacker whose intention is the exploitation of a target computer or network to create a serious impact, such as the crippling of a communications network or the sabotage of a business or organization, which may have an impact on millions of citizens if the terrorist’s attack is successful.