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The Deceptive Method by Which a Perpetrator Gains Access to the System

question 57

Multiple Choice

The deceptive method by which a perpetrator gains access to the system by pretending to be an authorized user is called


Definitions:

Credit Terms

Refers to the conditions under which credit is extended by a lender to a borrower, including repayment schedule, interest rate, and due dates.

Net 45

A term indicating that payment is due 45 days after the invoice date.

Average Collection Period

The average number of days that it takes for a business to receive payments owed by its customers, calculated by dividing the accounts receivable balance by the average daily sales.

Credit Terms

The conditions under which a seller will extend credit to a buyer, including the repayment period, discount for early payment, and the rate of interest if applicable.

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