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.

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Definitions:

Traditional IRA

An individual retirement account offering tax advantages, where contributions may be tax-deductible and investment growth is tax-deferred until withdrawal.

IRA Assets

Assets held within an Individual Retirement Account, including stocks, bonds, CDs, and other investment products, aimed at accumulating tax-advantaged savings for retirement.

Distribution

In finance, it refers to payments made by a fund or company to its shareholders, such as dividends, or the allocation of a company's earnings.

Coverdell Education

An investment tool in the United States that allows families to earn tax-free returns on educational expenses savings.