Researchers have compared the psychological and demographic characteristics of white-collar criminals, violent criminals, and the general public. They found that

A) few differences exist between white-collar criminals and the general public.
B) white-collar criminals eventually become violent criminals.
C) most white-collar criminals invest their illegal income rather than spend it.
D) most white-collar criminals are older and not technologically proficient.

Answer: A

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On January 1, 2016, Rhoda Corporation sells $1,000,000, 7%, 10 year bonds at 103. The journal entry to record the bond issuance will include:

A. debit to Cash for $1,030,000 B. debit to Bonds Payable for $1,000,000 C. debit to Premium on Bonds Payable for $30,000 D. credit to Bonds Payable for $1,030,000

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Property owned by a spouse prior to marriage as well as inheritances and gifts received by a spouse during the marriage are referred to as ________

A) separate property B) marital property C) community property D) reciprocal property

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