Which of the Following Is a Red Flag of Personal

question 33

Multiple Choice

Which of the following is a red flag of personal fraud characteristics?

• A) difficulty in controlling anger
• B) excessive gambling habits
• C) impulsive behavior
• D) depression

---

Definitions:

Paid-In Capital

The amount of money that a company receives from shareholders in exchange for shares of stock, exceeding the par value of the shares.

Drawings

Withdrawal of cash or other assets from an unincorporated business for the personal use of the owner(s).

Authorized Shares

The maximum number of shares that a corporation is legally allowed to issue, as specified in its articles of incorporation.

Market Value

The existing cost for buying or selling an asset or service on the market.