Which of the Following Statements About the Cost of Cybercrime

question 39

Multiple Choice

Which of the following statements about the cost of cybercrime is true?

• A) The cost of cybercrime is decreasing.
• B) The cost of cybercrime is increasing.
• C) The cost of cybercrime is impossible to estimate.
• D) Statistics on the costs of cybercrime vary wildly from year to year.

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Definitions:

Segregation Of Duties

A fundamental internal control principle that divides responsibilities within an organization to reduce risks of errors or fraud.

Bank Reconciliation

The process of comparing the bank's records with the company's own records of its bank account to identify discrepancies.

Cash Receipts

Money received by a business from transactions, including sales, loan proceeds, and investment income.

Cash Disbursements

The process involving the outflow of cash for various purposes, including expenses, inventories, and other business operations.