Fox Scully received an e-mail promoting a new financial services institution that offers surprisingly low mortgage rates
The e-mail asked customers to provide their address, date of birth, Social Security number, and current mortgage information in order to receive a free loan quote. Suspicious of the offer, Fox researched the company and discovered that the e-mail was fraudulent. This is an example of ________.
A) cold calling
B) phishing
C) crowdsourcing
D) data mining
E) viral marketing
B
You might also like to view...
List the following steps regarding computer fraud risk assessments in sequence.(a) Assessing the likelihood and business impact of a control failure and/or a fraud incident.(b) Mapping existing controls to potential fraud schemes and identifying gaps.(c) Identifying potential IT fraud schemes and prioritizing them based on likelihood and impact.(d) Identifying relevant IT fraud risk factors.(e) Testing operating effectiveness of fraud prevention and detection controls.
What will be an ideal response?
A business with 100,000 shares of stock outstanding for three months would use a weighted-average 25,000 shares in its earnings per share calculation
Indicate whether the statement is true or false
Jane and Ed Rochester are married with a 2-year-old child, who lives with them and whom they support financially. In 2019, Ed and Jane realized the following items of income and expense:ItemAmountEd's Salary$35,000 Jane's Salary 70,000 Municipal bond interest income 400 Qualified business income 1,000 Alimony paid (for AGI deduction) (7,000)Real property tax (from AGI deduction) (10,000)Charitable contributions (from AGI) (15,000) They also qualified for a $2,000 child tax credit. Their employers withheld $5,800 in federal income taxes from their paychecks (in the aggregate). Finally, the 2019 standard deduction amount for MFJ taxpayers is $24,400.What is the couple's adjusted gross income?
What will be an ideal response?
Typically, multinational companies (MNCs) are likely to use indirect controls to monitor performance on a monthly basis, whereas direct controls are used semiannually or annually.
Answer the following statement true (T) or false (F)