Stan is an investment manager. he has recieved money from various investors with a promise of very high returns on their investments. the invested money is not supplying enough capital in order to pay the returns promised so he has started using new investor's money to pay older investors. by advertising and by word of mouth, people are anxious to invest with stan because of the money being paid and with the influx of new investors he is able to continue operating. stan is.
(a) operating a ponzi scheme,
(b) guilty of conspiracy to defraud,
(c) racketeering, or
(d) operating an insider trading operation.

(a) operating a Ponzi scheme

Explanation:

Ponzi scheme -

It is a type of fraud , which attracts investors for getting better profit in returns , is referred to as Ponzi scheme.

These schemes , attracts investors , with fake promise and exceptional deals , and then does not fulfil , any promise , and can lead to a big scam.

Hence , from the question, the example shown is about a Ponzi scheme.

both are integral parts of a corporate balance sheet. the cash flow statement, or statement of cash flows, measures the sources of a company's cash and its uses of cash over a specific time period. the income statement measures a company's financial performance, such as revenues, expenses, profits or losses over a specific time period (in fact, it's sometimes called a statement of financial performance).

a cash flow statement shows exactly how much money a company has received and how much it has spent, traditionally over a period of one month. it captures the current operating results and changes on the balance sheet, such as increases or decreases in accounts receivable or accounts payable, and does not include noncash accounting items such as depreciation and amortization. the cash flow generally comes from revenue received as a result of business activity, but it may be augmented by funds available as a result of credit. a cash flow statement is used to determine the short-term viability and liquidity of a company, specifically how well it is positioned to pay its bills and vendors.

answer; measurable outcome;