___________ Is the Use of One's Occupation for Personal Enrichment

question 39

Multiple Choice

___________ is the use of one's occupation for personal enrichment through the deliberate misuse or misapplication of the employing organization's resources or assets.

• A) Theft
• B) Fraud
• C) Embezzlement
• D) all of the above
• E) none of the above

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Definitions:

Consumer Surplus

Consumer surplus refers to the difference between what consumers are willing to pay for a good or service and what they actually pay.

Producer Surplus

The difference between what producers are willing to accept for a product versus what they actually receive, usually seen as a measure of producer welfare.

Export Sector

The part of a country's economy that is involved in producing goods and services for sale in foreign markets.

Comparative Advantage

The ability of an individual or group to produce a good or service at a lower opportunity cost than others, leading to potential trade benefits.