Cybersquatting Describes the Practice Of

question 61

Multiple Choice

Cybersquatting describes the practice of:

• A) registering multiple domain names and then selling them back to companies at inflated prices.
• B) hacking into a company's website to install a virus or Trojan horse designed to steal information but allow the site to continue operation.
• C) using mechanical devises to access a company's website multiple times to the point that traffic to the site is slowed or blocked.
• D) hacking into a company's website to install a virus designed to cause the company's website to totally cease operation

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Definitions:

Promises To Pay

Agreements or commitments by a debtor to pay a specific amount by a certain date to a creditor.

Direct Write-off Method

A method of accounting for bad debts that involves charging unpaid invoices directly to the expense account when they are determined to be uncollectible.

Allowance Method

An accounting technique used to estimate uncollectible accounts receivable and record them as an expense.

Bad Debts

Money owed to a company that is considered irrecoverable and is written off as a loss.