Risk exposures associated with creating an output file as an intermediate step in the printing process (spooling) include all of the following actions by a computer criminal except
a. gaining access to the output file and changing critical data values
b. using a remote printer and incurring operating inefficiencies
c. making a copy of the output file and using the copy to produce illegal output reports
d. printing an extra hardcopy of the output file
B
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For most interviews, asking your own questions is
A) necessary only if you are interviewing for a management position. B) risky and a bad idea unless you are certain the interview is going well. C) just as important as answering the employer's questions effectively. D) usually viewed as a sign of arrogance—after all, the employer is in charge. E) helpful only when you are interviewing for a job at a large organization.
Which of the following is TRUE of the Fair Value Adjustment - Trading account for trading debt investments?
A) It will always have a credit balance. B) It will always have a debit balance. C) It is considered as an adjunct account if it has a credit balance. D) It is considered as an adjunct account if it has a debit balance.
An Installment Accounts Receivable is classified as a non-current asset if the installment period is six months.
Answer the following statement true (T) or false (F)
Peter Piper Inc had the following information available from its 2011 balance sheet and income statement: Insurance expense $55,000 Prepaid insurance - beginning 8,000 Prepaid insurance - ending 5,000 What amount would be reported as cash outflows for insurance on the statement of cash flows for 2011 using the direct method?
A) $68,000 B) $58,000 C) $42,000 D) $52,000