Which of the Following Falls into the Category of Cyber

question 120

Multiple Choice

Which of the following falls into the category of cyber crime?

• A) using a computer to steal someone's identity
• B) hacking into a bank computer to withdraw money from someone else's account
• C) soliciting minors online for sex
• D) spamming Internet email accounts for false donations.
• E) all of these

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Definitions:

Valuation Method

The approach used to assess the value of an asset, liability, or a business, which can be based on market, income, or cost factors.

Financial Statements

Reports that provide an overview of a company's financial condition, including balance sheets, income statements, and statements of cash flows.

Recognized

Refers to the formal acknowledgment in financial accounting of particular transactions and events in the financial statements.

Definition Of An Element

In accounting, an element refers to the essential categories into which all financial transactions can be classified, such as assets, liabilities, equity, revenue, and expenses.