For each of the following statements, indicate the term it best describes or typifies.
1. An employee in a supermarket takes home bags of fresh fruit each day without paying for them | Errors | ____ |
2. The controller changed the journal entry for estimating bad debt expense to a smaller number to hide the poor results from extending credit to high-risk customers. This made income materially higher than it otherwise would have been | Larceny | ____ |
3. Misdeeds done by people who steal with a pencil or computer | White-collar crime | ____ |
4. A type of fraud involving employees or nonemployees wrongfully taking money or property entrusted to their care | Embezzlement or defalcation | ____ |
5. A bookkeeper inadvertently recorded depreciation by transposing numbers in a journal entry | Management fraud | ____ |
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