A Computer Can Be Both the Tool Used to Commit

question 85

True/False

A computer can be both the tool used to commit a crime and the object of that crime.

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Definitions:

Intangible Assets

Non-physical assets with value to a business, such as trademarks, patents, goodwill, and copyrights.

Accruals

Accounting adjustments for revenues that have been earned or expenses that have been incurred but have not yet been recorded through a cash transaction.

Accrual Accounting

Accounting method that records revenues and expenses when they are incurred, regardless of when cash is exchanged.

Cash Basis Accounting

An accounting method recording transactions when cash is received or paid, irrespective of when revenues or expenses were incurred.