E-Mails from Foreign Princes Asking for Wired Funds Are Attempts

question 9

Essay

E-mails from foreign princes asking for wired funds are attempts at accessing consumer banking, an act called ________.

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Definitions:

Share Capital

The major account reflecting contributed capital.

Retained Earnings

Profits that a company has elected to keep at the end of a fiscal period instead of distributing to shareholders as dividends, often used for reinvestment.

Incremental Adjustment

A modification made to accounts or values in small stages, often used for accounting adjustments or to refine estimates.

Investee

An entity in which an investor holds an interest, and typically has significant influence over, but does not control.