Which of the Following Is an Example of Phishing

question 39

Multiple Choice

Which of the following is an example of phishing?

• A) Using bills in the trash to obtain others' personal information
• B) Rerouting bills to a different address
• C) Obtaining information from financial institutions under false pretenses
• D) Stealing wallets
• E) Pretending to be an employee of a financial institution

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Definitions:

Cost of Purchases

The total price paid for goods acquired for resale, including transportation and handling expenses.

Periodic Inventory System

An accounting method where inventory is physically counted and valued at the end of a specific period.

Physical Count

An inventory auditing process where the actual quantity of goods on hand is counted and compared with accounting records.

External Auditors

Independent auditors who examine the financial statements of an entity to ensure accuracy and compliance with accounting standards.