A 'Cybersquatter' Is

question 7

Multiple Choice

A 'cybersquatter' is:

• A)a computer hacker who engages in web address and domain name harvesting.
• B)a scammer who downloads malicious software onto personal computers via email services.
• C)a scammer who monitors sites with high traffic for the purpose of stealing personal information by means of spyware.
• D)someone who registers a domain name using the trademark of a well-known company and then tries to sell it to them.

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Definitions:

Expense

Costs incurred in the process of earning revenue, typically including cost of goods sold, selling, general, and administrative expenses.

Cash Account

An account that records all transactions involving cash receipts and cash payments, including operating, investing, and financing activities.

T Account

A graphical representation used in double-entry bookkeeping to show the increases and decreases in an account, characterized by a T shape.

Account Title

An account title is the name given to an account in the general ledger that identifies where transactions are recorded, such as "Revenue," "Accounts Payable," or "Cash."