Riley Embezzled a Large Sum of Money from His Company

question 24

Multiple Choice

Riley embezzled a large sum of money from his company and gave it to his friend who recently lost his job and was in danger of losing his home.This is an example of what type of motivation?

• A)Psychotic.
• B)Egocentric.
• C)Ideological.
• D)Economic.

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Definitions:

Income from Continuing Operations

This refers to the earnings generated from the normal business activities excluding one-time transactions, discontinued operations, and other irregular items.

Loss on Discontinuance

A financial loss that occurs as a result of the cessation of a business unit or operation.

Asset Turnover Ratio

A financial metric that measures the efficiency of a company in using its assets to generate sales.

Profit Margin

A financial metric that measures the percentage of revenue that exceeds the cost of goods sold, indicating the profitability of a company.