White-Collar Crime: Definition, Types, and Impact

Question 1

How does the impact of white-collar crime differ from other types of crime?

Accepted Answer

It erodes public trust in institutions and systems.

Answer

It primarily targets individuals from disadvantaged backgrounds.

Answer

It typically involves direct physical violence.

Answer

It is more visible and frequently reported to authorities.

Question 2

Which of the following is NOT a characteristic of white-collar crime?

Accepted Answer

It is typically committed by individuals with low social status.

Answer

It involves fraud, embezzlement, or other financial crimes.

Answer

It is committed by individuals who hold high positions in society.

Question 3

Which of the following factors is considered a major cause of white-collar crime?

Accepted Answer

Lack of regulation and oversight.

Answer

Peer pressure.

Answer

Psychological disorders.

Answer

Poverty and inequality.

Question 4

Which of the following is a common consequence of white-collar crime?

Accepted Answer

Loss of public trust in institutions.

Answer

Increased crime rates.

Answer

Social unrest.

Question 5

Which of the following is a technique used to prevent white-collar crime?

Accepted Answer

Auditing and financial controls.

Answer

Victim support programs.

Answer

Zero-tolerance policies.

Answer

Community policing.

Question 6

Which of the following can be a challenge in prosecuting white-collar criminals?

Accepted Answer

Complexity of financial transactions.

Answer

Insufficient evidence.

Answer

Lack of witness testimony.

Answer

Influence of powerful individuals.

Question 7

Which of the following is a type of white-collar crime that involves the misuse of public funds?

Accepted Answer

Embezzlement.

Answer

Insider trading.

Answer

Fraud.

Question 8

Which of the following is a regulatory body responsible for combating white-collar crime in the UK?

Accepted Answer

Financial Conduct Authority.

Answer

Crown Prosecution Service.

Answer

National Crime Agency.

Answer

Serious Fraud Office.

Question 9

Which of the following is a criticism of the term 'white-collar crime'?

Accepted Answer

It implies that only high-status individuals can commit financial crimes.

Answer

It fails to consider the role of organizations in white-collar crime.

Answer

It minimizes the severity of white-collar crime.

Question 10

Which of the following is a key difference between white-collar crime and other forms of crime?

Accepted Answer

It often involves a breach of trust.

Answer

It typically results in violent outcomes.

Answer

It is more likely to be reported to the police.

Answer

It is more common among the unemployed.

Question 11

Which of the following is an example of a proactive measure that can be taken to prevent white-collar crime?

Accepted Answer

Whistleblower protection programs.

Answer

Increased police presence in high-crime areas.

Answer

Mandatory drug testing for employees.

Answer

Surveillance of suspected criminals.

Question 12

Which of the following is NOT a characteristic of white-collar crime?

Accepted Answer

It is typically committed by low-income individuals.

Answer

It typically involves financial gain.

Answer

It is often committed through deception.

Question 13

Which type of white-collar crime involves the use of a person's position for personal gain?

Accepted Answer

Corruption

Answer

Embezzlement

Answer

Insider trading

Answer

Fraud

Question 14

What is the primary motivation behind most white-collar crimes?

Accepted Answer

Financial gain

Answer

Thrill-seeking

Answer

Revenge

Answer

Political power

Question 15

What is the main challenge in prosecuting white-collar crimes?

Accepted Answer

Complexity of evidence

Answer

Unwillingness of victims to report

Answer

Insufficient legislation

Answer

Lack of public awareness

Question 16

What is a common characteristic of white-collar criminals?

Accepted Answer

High social status

Answer

Lack of education

Answer

Criminal background

Answer

Low intelligence

Question 17

Which of the following is a type of occupational crime?

Accepted Answer

Embezzlement

Answer

Vandalism

Answer

Burglary

Answer

Assault