In Thwarting Cybercrime, Which of the Following Is True

question 64

Multiple Choice

In thwarting cybercrime, which of the following is true?

• A)It is not important to enlist the support of top management
• B)Many IT managers do not think cybercrime is very important
• C)Cybercrime mostly means controlling computer hardware
• D)Most cybercrime happens because of a failure of controls, not an absence of controls

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Definitions:

Carrying Cost

The total cost associated with holding inventory, including storage, insurance, taxes, and potential obsolescence.

Credit Collections

The process of pursuing payments of debts owed by individuals or businesses, typically undertaken by a department or agency.

Required Return

The minimum return an investor expects to achieve on an investment to consider it worthwhile.

Float Period

The time between when an individual writes and submits a check and when the check is cleared from the account.