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A Finance Department Employee Has Received a Message That Appears

question 69

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A finance department employee has received a message that appears to have been sent from the Chief Financial Officer (CFO) , asking the employee to perform a wire transfer. Analysis of the email shows the message came from an external source and is fraudulent. Which of the following would work BEST to improve the likelihood of employees quickly recognizing fraudulent emails?

Identify the similarities and differences between various financial instruments such as warrants, convertibles, and options, and their impact on firm financing.
Grasp the legal and financial structures behind home mortgage securitization and their implications for banks, investors, and the housing market.
Understand the mechanics and calculation involved in financial instruments and asset-backed securities' valuation and pricing.
Understand the equation of exchange and its relation to real GDP, the money supply, and the velocity of money.

Definitions:

Lower Cost

A situation or strategy in which the production or offering of goods and services is achieved with minimal expense.

Sunk Costs

Costs that have already been incurred and cannot be recovered, which should not influence future business decisions.

Economic Decisions

Choices made by individuals, firms, or governments regarding the allocation of resources to satisfy needs and wants.

Marginal Decision Maker

is an individual or entity that makes choices based on the additional cost or benefit of the next unit of consumption or production.

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