A Fraud Technique That Allows a Perpetrator to Bypass Normal

question 82

Multiple Choice

A fraud technique that allows a perpetrator to bypass normal system controls and enter a secured system is called

• A)superzapping.
• B)data diddling.
• C)using a trap door.
• D)piggybacking.

---

Definitions:

Net Present Value (NPV)

A calculation used to assess the profitability of an investment, measuring the difference between the present value of its cash inflows and outflows.

Internal Rate of Return (IRR)

The rate of growth a project is expected to generate, calculated as the discount rate that makes the net present value (NPV) of all cash flows equal to zero.

Payback Method

An investment analysis method that calculates the time required to recoup the cost of an investment, based on the cash flow it generates.

Capital Cost Allowance (CCA)

The Canada Revenue Agency’s term for depreciation when calculating taxes.