Computer Fraud Is Often Much More Difficult to Detect Than

question 21

Multiple Choice

Computer fraud is often much more difficult to detect than other types of fraud because

• A) perpetrators usually only steal very small amounts of money at a time, thus requiring a long period of time to have elapsed before they're discovered.
• B) massive fraud can be committed in only seconds, leaving little or no evidence.
• C) most perpetrators invest their illegal income rather than spend it, thus concealing key evidence.
• D) most computer criminals are older and are considered to be more cunning when committing such a fraud.

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Definitions:

Cash Dividends

A portion of a company's earnings distributed to shareholders in the form of cash.

Treasury Stock

Represents the portion of shares that a company keeps in its own treasury. These shares can be repurchased from the market and do not confer ownership rights.

Paid-In Capital

The amount of money that a company has received from shareholders in exchange for stock, over and above the par value of the shares.

Stockholders' Equity

Represents the ownership interest of shareholders in a corporation, calculated as total assets minus total liabilities.