Select the Appropriate Item for Each of the Definitions Listed

question 29

Multiple Choice

Select the appropriate item for each of the definitions listed below.
-may be discretionary or committed

• A)relevant range
• B)cost behavior
• C)driver
• D)variable cost
• E)fixed cost

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Definitions:

Ponzi Scheme

A deceptive investment scheme that offers high returns with minimal risk to investors, but instead of earning from genuine business operations, it pays profits to earlier investors using the funds from new participants.

Defalcation

The misappropriation of funds or property entrusted to one's care, often involving fraud or embezzlement.

Fiduciary Capacity

A status entailing a legal duty of one party to act in the best interest of another, typically in contexts involving trust, such as financial management or guardianship.

Misappropriation

The unauthorized use of another's name, likeness, or property for personal gain, often violating legal rights.