Which of the Following Is an Example of Data Fraud

question 5

Multiple Choice

Which of the following is an example of data fraud?

• A)A man used desktop publishing to prepare bills for office supplies that were never ordered or delivered and mailed them to local companies.The invoices were for less than $300,an amount that often does not require purchase orders or approvals.A high percentage of the companies paid the bills.
• B)Two accountants without the appropriate access rights hacked into Cisco''s stock option system,transferred over $6.3 million of Cisco stock to their brokerage accounts,and sold the stock.They used part of the funds to support an extravagant lifestyle,including a $52,000 Mercedes-Benz,a $44,000 diamond ring,and a $20,000 Rolex watch.
• C)The office manager of a Wall Street law firm sold information to friends and relatives about prospective mergers and acquisitions found in Word files.They made several million dollars trading the securities.
• D)A fraud perpetrator scanned a company paycheck,used desktop publishing software to erase
• The payee and amount,and printed fictitious paychecks.

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Definitions:

Measure of Stability

A metric used to assess the consistency or reliability of a measurement over time.

Error Score

The difference between an observed value and the true value, often used in the context of measurement and assessment to evaluate accuracy.

True Score

In psychological testing and measurement, the actual or real score that perfectly reflects the characteristic or ability being measured, without measurement error.

Observed Score

The actual score or measurement recorded during data collection.