According to the 2017 Identity Fraud Study by Javelin Strategy

question 94

Multiple Choice

According to the 2017 Identity Fraud Study by Javelin Strategy & Research, how much did consumers lose to identity fraud in 2016?

• A) $1.6 million
• B) $16 million
• C) $160 million
• D) $1.6 billion
• E) $16 billion

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Definitions:

Residual Value

The estimated value that an asset will have at the end of its useful life, often considered for depreciation calculations.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life to represent the loss of value over time.