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The Most Effective Computer Crimes Are Those Perpetrated by Experts

question 16

True/False

The most effective computer crimes are those perpetrated by experts.


Definitions:

Closing the Revenue

The process of finalizing all revenue accounts and transferring their balances to permanent accounts at the end of an accounting period.

Capital Account

An account on the balance sheet representing the cumulative amount of investment in the business by the owners or shareholders, plus retained earnings.

Consent

Agreement or approval given freely and knowingly by a competent individual.

Interest

The cost of borrowing money, typically expressed as a percentage of the principal amount.

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