Which of the following can be considered potential threats to an organization's data?
a. natural disaster
b. disgruntled employees
c. computer criminals
d. all of the above
d
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An ice cream store cashier sells two-scoop ice cream cones to customers and enters the sales as single-scoop sales, while keeping the difference for himself. Which fraud is being committed here?
a. Larceny b. Disbursement c. Skimming d. Illegal gratuities
If a company uses the indirect method to report cash flows, it
A. subtracts any increase in its accrued pension cost from net income. B. subtracts any increase in accrued pension cost as an investing activity. C. adds any increase in its accrued pension cost to net income. D. adds any increase in accrued pension cost as a financing activity.
Differentiate between the three types of franchises and provide examples of each type
What will be an ideal response?
The historical amount reflects the acquisition cost of assets or the amount of funds originally obtained from creditors or owners
Indicate whether the statement is true or false