Cybercriminals Can Obtain the Information They Need in Order to Assume

question 34

Multiple Choice

Cybercriminals can obtain the information they need in order to assume another person's identity by:

• A) Infiltrating an organization that stores large amounts of personal information.
• B) Phishing.
• C) Hacking into a corporate database.
• D) Stealing mail.
• E) All of the above are strategies to obtain information to assume another person's identity.

Analyze a company's performance through trend analysis.

Calculate and understand the significance of the current ratio, acid test ratio, and inventory turnover.

Perform a common-size income statement analysis using net sales as the base.

Understand the use and significance of profitability ratios in evaluating a company's financial health.

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Definitions:

Historical Cost Principle

An accounting principle that states all assets should be recorded and accounted for based on their original purchase cost.

Discount on Bonds Payable

An amount by which a bond is sold below its face value, reflecting the difference between the market rate of interest and the bond's coupon rate.

Market Volatile

A description of how significantly and frequently the price of assets, securities, or commodities can change in a market.

Bonds Mature

The point in time when a bond's principal amount is due to be paid back to bondholders, ending the bond's life.