The Chance to Commit a Fraud, Conceal It, and Avoid

question 144

Multiple Choice

The chance to commit a fraud, conceal it, and avoid punishment is an example of:

• A)realization.
• B)perceived opportunity.
• C)rationalization.
• D)perceived pressure.

---

Definitions:

Yield To Call

The total return anticipated on a bond if it is held until the date it is called by the issuer, including interest payments and the call price.

Call Price

The price at which a bond or other financial security can be repurchased by the issuer before its maturity date, as specified in the callable feature.

Par-value

The nominal or face value of a bond, share of stock, or other financial instrument, representing the value at which it will be redeemed at maturity.