Which Method of Fraud Is Physical in Its Nature Rather

question 80

Multiple Choice

Which method of fraud is physical in its nature rather than electronic?

• A)cracking
• B)hacking
• C)eavesdropping
• D)scavenging

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Definitions:

Unusual Item

A significant financial transaction or event that is rare and not expected to recur frequently, reported separately in financial statements to not distort the operational performance.

Fixed Assets

Durable physical assets employed in the running of a company, which are not anticipated to be expended or turned into cash within one fiscal year.

Disposal Of A Segment

This refers to the selling, discontinuing, or otherwise getting rid of a portion of a company's operations or divisions.

Earnings Per Share

A financial metric that divides a company's net earnings available to common shareholders by the average outstanding shares, indicating the profitability per share.