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Sally Does Most of Her Bank Transactions Online

question 47

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Sally does most of her bank transactions online.Recently,while trying to access her bank details online,she realized that her password was no longer valid.On inquiring with the bank authorities,she found that somebody had fraudulently transacted using her login details and had transferred all her money to an unknown account.Sally was a victim of _____ where cyber criminals were tracking her every mouse click to steal her bank details.


Definitions:

Debt and Equity Financing

The methods by which a company raises capital to finance its operations or expand its business, involving borrowing (debt) or selling shares (equity).

Investing Activities

Transactions and events that involve the purchase and sale of long-term assets and other investments not generally considered cash equivalents.

Capital to Purchase Fixed Assets

Financial resources allocated for the purchase of long-term physical assets that a company uses in its operations.

Cash Flow Statement

A financial document providing comprehensive detail about a company's cash inflows and outflows over a specified period.

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