Which of the Following Is Not a Characteristic Shared by White-Collar

question 24

Multiple Choice

Which of the following is not a characteristic shared by white-collar and computer criminals?

• A) Their acts generally involve information manipulations that create profits or losses
• B) Their crimes can be committed by an individual, several people working in collusion, and/or organizations
• C) Their crimes generally are committed through violent means
• D) The generally require access to computers or computer storage media

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Definitions:

Uncollectible Accounts

Refers to debts owed to a company that it does not expect to be paid due to various reasons such as bankruptcy of the debtor.

Bad Debt Expense

An expense account that represents amounts deemed uncollectible from credit sales and highlights credit losses in financial statements.

Allowance for Doubtful Accounts

Allowance for Doubtful Accounts is a contra-asset account that reflects the estimated amount of accounts receivable which may not be collectible.

Credit Sales

Transactions in which goods or services are sold and payment is deferred, allowing customers to purchase products or services on account.