Rashad Accesses Quant Company's Computer System Without Authority to Obtain

question 14

Multiple Choice

Rashad accesses Quant Company's computer system without authority to obtain protected financial data.Under federal law,this is

• A)a felony if it is committed for a commercial purpose.
• B)a felony if Quant brings a civil suit against Rashad.
• C)not a crime.
• D)a crime,but not a felony.

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Definitions:

Depreciation Expense

The systematic allocation of the cost of a tangible asset over its useful life.

Accounts Payable

Liabilities of a business that are due to creditors within a short period, typically less than a year.

Net Cash

The amount of cash available after all cash inflows and outflows have been accounted for, often within a specific reporting period.

Sale Of Equipment

The act of selling off machinery, tools, or devices used in production or office operations, often recorded as a cash inflow in financial accounts.