The TRW Credit Data Case Is an Example Of

question 54

Multiple Choice

The TRW Credit Data Case is an example of:

• A)The round?off trick
• B)An outsider ripping off a corporate computer
• C)Valuable information computer crime
• D)none of the above

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Definitions:

Present Value Tables

Tables that show the present value of cash to be received in the future, discounted at various interest rates.

Par Value

The nominal or face value of a bond, share, or other financial instrument, as stated by the issuer.

Effective Interest Method

An accounting technique for amortizing bond premium or discount over the life of the bond in a way that reflects a constant interest rate.

Amortization Table

A schedule that details each payment on an amortizing loan (such as a mortgage), including how much of each payment is interest vs. principal and the remaining balance.