Perpetrators Do Not Typically

question 25

Multiple Choice

Perpetrators do not typically

• A) attempt to return or pay back stolen amounts soon after the initial theft, but find they are unable to make full restitution.
• B) use trickery or lies to gain the confidence and trust of others at the organization they defraud.
• C) become bolder and more greedy the longer the theft remains undetected.
• D) begin to rely on stolen amounts as part of their income.

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Definitions:

Prepaid Services

Expenses paid in advance for services which will be received in the future.

Unearned Fees

Income received by a company for services yet to be provided or completed; recognized as a liability until the service is performed.

Journalize

The process of recording financial transactions in the chronological order in a company's general journal.

Depreciation

Systematic assignment of a tangible asset’s value over its functional lifespan.