A distinguishing characteristic of embezzlement is that the wrongdoer initially had proper

custody or access to the property that was embezzled.

Indicate whether the statement is true or false

TRUE

Business

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The purpose of the departmental overhead cost report is to

a) control indirect labor costs. b) control selling expense. c) determine the efficient use of materials. d) control overhead costs.

Business

Banks and insurance companies are examples of institutional investors

Indicate whether the statement is true or false.

Business