The Counterfeit Access Device and Computer Fraud and Abuse Act

question 3

True/False

The Counterfeit Access Device and Computer Fraud and Abuse Act (CFAA)makes it a federal crime to access a computer knowingly to obtain restricted federal government information,financial records of financial institutions,or consumer reports of consumer reporting agencies.

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Definitions:

Short-term Financial Policy

Pertains to strategies and decisions related to managing a company’s current assets and liabilities to ensure liquidity.

Flexible Short-term Policy

A financial strategy that allows for maintaining a higher level of current assets, providing a buffer against unforeseen liabilities or expenses.

Restrictive Short-term Policy

A financial policy aimed at minimizing the amount of working capital to reduce short-term financing costs, often at the risk of running low on liquidity.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business, whichever is longer.