Crime Can Be Divided into Two Categories Depending on the Tactics

question 7

Multiple Choice

Crime can be divided into two categories depending on the tactics used to carry out the crime.What are those two categories?

• A)personal and non-personal
• B)felonies and misdemeanors
• C)insider and outsider
• D)violent and nonviolent

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Definitions:

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditure to the appropriate period.

Inventory Supplies

Items or materials kept on hand by a business for the production process or for sale.

Unearned Revenue

Money received by a business for goods or services yet to be provided, recorded as a liability until earned.

Liability Account

An accounting record that shows the current and future financial obligations a company owes to others.