Defalcation is another name for _______.
A)management fraud
B)white-collar crime
C)embezzlement
D)irregularities

Question

Quizplus · Accepted Answer

Defalcation is a specific term used to describe the act of embezzlement, which involves stealing money or property entrusted to one's care, such as funds from a workplace or client. Therefore, option C is the correct answer. Options A and D are more general terms and do not specifically refer to embezzlement, while option B refers to a broader category of non-violent financial crimes committed by professionals.

Defalcation Is Another Name for _______