Nominal damages are awarded when no financial loss resulted from the breach
Indicate whether the statement is true or false
TRUE
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Cycles defined in years as an evaluation is most related to these categories of business
A) fast food, utilities, long-distance telephone service B) retail shopping, movies C) ice cream, soft drinks and cold remedies D) durable goods' replacement cycles
Operational inefficiencies occur because
a. accounts both common and unique to many concurrent transactions need to be updated in real time. b. accounts common to many concurrent transactions need to be updated in real time. c. accounts unique to many concurrent transactions need to be updated in real time. d. None of the above are true statements
Because a time clock is used, no supervision is required when employees enter and leave the work place
Indicate whether the statement is true or false
Which of the following statements is false?
a. Half-truths are often a part of rationalization. b. The bigger the fraud act, the more believable the rationalization. c. Many fraud perpetrators believe their rationalizations to be true. d. Perceived rationalizations are a part of the fraud triangle.