In Order to Explain Crime, We First Must Know the

question 33

Multiple Choice

In order to explain crime, we first must know the

• A) socioeconomic status of a neighborhood or community
• B) cause of crime
• C) perceived quality of life of a particular culture
• D) extent of crime

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Definitions:

Cash Disbursements

Outflows of cash for expenses, payments to creditors, or investments, usually tracked in a cash disbursements journal in accounting.

Payments

Payments refer to the transfer of money from one party to another, often as compensation for goods or services.

Petty Cash Fund

A small amount of cash kept on hand within a business for minor and immediate expenses.

Internal Control

Initiatives and standards implemented by a firm to assure the correctness of financial and accountancy details, encourage integrity, and obstruct fraudulent activities.