Losses Due to Computer Crimes Are Estimated to Be

question 3

Multiple Choice

Losses due to computer crimes are estimated to be:

• A) minimal,as the federal government has passed comprehensive legislation prohibiting computer crime.
• B) in the millions of dollars.
• C) in the tens of billions of dollars.
• D) decreasing,as legislation and enforcement have been increasing.

---

Definitions:

Retained Earnings

Retained earnings are the portion of a company's profits that is kept or retained rather than being paid out as dividends to shareholders, often reinvested in the business or used to pay off debt.

Notes Payable

A financial liability representing a written promise to pay a specific sum of money on a specified future date.

Accounts Payable

A liability account that tracks money owed by a business to suppliers or creditors for goods and services received.