The Advantage of E-Business Transactions in Detecting Electronic Fraud Is

question 20

Multiple Choice

The advantage of e-business transactions in detecting electronic fraud is:

• A) the use of encryption which protects confidential and sensitive information from being stolen.
• B) that information about the transactions is captured in databases that can be analyzed in numerous ways.
• C) the absence of hard-copy documentation, the very essence of e-commerce.
• D) that they not only make fraud easier to commit, but also make it much easier to detect.

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Definitions:

Cultural Form

Indicates the various expressions and manifestations of culture, including art, music, literature, and traditions, which embody the values and norms of a society.

Lifestyle

The interests, opinions, behaviors, and behavioral orientations of an individual, group, or culture.

Local Culture

The collection of customs, beliefs, art, and way of life that is specific to a geographical area, community, or group, distinct from global or dominant cultures.

Globalization

The process of interaction and integration among people, companies, and governments worldwide, largely driven by international trade and investment, aided by information technology.