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The act of secretly and illegally stealing funds which have been placed in the individual's trust, or money belonging to a person's employer:
Suggested Answer: D
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This is a definition of embezzlement.
The other terms shown as possible answers are also part of the syllabus for this subject.
26 comments · newest first
NE
Nettie
4 months ago
Exactly! Trust is key in finance. Embezzlement breaks that trust.
TI
Timothy
4 months ago
I feel like they want us to understand trust and responsibility.
VI
Vincent
4 months ago
Yeah, definitely. It's a serious crime.
LE
Lelia
4 months ago
This question is tricky. I think it's about embezzlement.
KE
Kenneth
6 months ago
I disagree, some might justify it in desperate situations.
PA
Paulene
6 months ago
It's a serious breach of trust for sure.
MA
Maryln
6 months ago
Wait, people actually do this? Sounds risky!
SH
Sharen
6 months ago
Totally illegal, no question about it.
VE
Vernice
7 months ago
That's called embezzlement!
HE
Herminia
7 months ago
Embezzlement? I'd never do that. I'm as honest as Abe Lincoln himself!
MI
Mitsue
7 months ago
Embezzlement, duh. I'm already planning my tropical vacation with the stolen funds.
CA
Carlene
7 months ago
Embezzlement, obviously. Can't wait to try this out at work!
IS
Isidra
7 months ago
Embezzlement, hands down. I could do that in my sleep.
DI
Dierdre
7 months ago
This one's a no-brainer! Gotta be embezzlement.
FR
Freeman
8 months ago
I recall something about fiduciary duties in relation to this topic. It’s tricky, though; I hope I remember the definitions correctly!
ON
Onita
8 months ago
Embezzlement definitely fits, but I’m confused about the specifics. Wasn't there a case study we discussed that involved a trust?
HO
Hortencia
9 months ago
I'm not entirely sure, but it sounds like it could also relate to fraud. There was a similar question in our last mock exam.
FE
Felicidad
9 months ago
I think this is about embezzlement, right? I remember practicing a question on that last week.
MA
Makeda
9 months ago
Ugh, I'm a little fuzzy on the nuances of this definition. I'll review my notes and try to piece together the key points.
PA
Pamella
9 months ago
Alright, I've got a good handle on what this is asking. I'll focus on clearly explaining the core aspects of the crime.
AI
Ailene
9 months ago
Whoa, this is a pretty heavy topic. I'll need to make sure I cover all the important details without getting too wordy.
CA
Cathrine
9 months ago
Okay, I recognize this as the legal term for embezzlement. I'll make sure to use that specific word in my answer.
RO
Rozella
10 months ago
Hmm, this seems like a tricky one. I'll need to think carefully about the key elements of the definition and how to structure my response.
BU
Bulah
3 months ago
Right? It's a serious crime that affects many people.
AN
Angella
4 months ago
Definitely! It's all about trust and betrayal.
LE
Leatha
4 months ago
Sounds like embezzlement to me.