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Define Fraud and Describe Three Types of Fraud Relevant to Business

question 10

Essay

Define fraud and describe three types of fraud relevant to business.

Calculate the expected rate of return and standard deviation of a portfolio.
Understand and calculate covariance between two securities.
Understand and calculate the correlation coefficient between two securities.
Calculate the expected return of a portfolio based on its constituents and their weights.

Definitions:

Insider

A person within an organization who has specialized knowledge or access to confidential information.

Credit Card Information

Personal and financial details associated with a credit card, including the card number, expiration date, and security code.

Phishing

A cyber-attack that uses disguised emails as a weapon to trick users into revealing personal information or downloading malware.

Urgent Email

Email marked with a high priority status, intended to alert the recipient to review and respond quickly.

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