An Employee Using an Organization's Computer to Track His or Her

question 6

True/False

An employee using an organization's computer to track his or her child's soccer league scores is an example of unauthorized access.

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Definitions:

Nature Of Gain

The classification of profit obtained from various sources such as capital gains, business operations, or investment income, influencing tax treatment.

Inherited Property

Property received from a deceased person's estate by legal succession or by the terms of a will.

FMV (Fair Market Value)

The price that an asset would sell for on the open market between a willing buyer and seller.

Nature Of Gain

Refers to the type of profit obtained from various transactions, such as the sale of property, which affects how the gain is taxed.