Answer

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Question 1 (15 Marks) Match each term in the left column with the definition in the right column. Terms Definitions 1. white collar criminals a Excuse fraud perpetrators use to justify their illegal behavior 2. computer fraud b. The use of a browser to remotely access software, data storage, hardware, and applications 3. Internet of Things (IoT) C. Any means a person uses to gain an unfair advantage over another person 4. rationalization d. The process of running multiple systems simultaneously on one physical computer. 5. Bill of lading e. Any type of fraud that requires computer technology to perpetrate 6. voucher system f. Embezzling small fractions of funds over time. 7. Cloud computing 8. kickbacks g. evaluating performance by computing standards in light of actual activity levels h. A method of maintaining accounts payable that generates one check to pay for a set of invoices from the same supplier. i. Illegally obtaining confidential information, such as a Social Security number, about another person so that it can be used for financial gain. 9. Salami technique 10. Virtualization 11. Business process management 12. XBRL schema 13. flexible budget j. Businesspeople who commit fraud by resorting to trickery; their crimes usually involve a violation of trust or confidence k. refers to the embedding of sensors in a multitude of devices (lights, heating and air conditioning, appliances, etc.) so that those devices can now connect to the Internet 1. A fraud in which a supplier pays a buyer or purchasing agent in order to sell its products or services. m. Systematic approach to gradually and continuously improving business processes n. Document used to establish responsibility for shipping goods via a third party 0. a file that defines the attributes of XBRL elements p. Process of dividing customer account master file into subsets and preparing invoices for one subset at a time 9. Misrepresenting or omitting facts to promote an investment that promises fantastic profits with little or no risk 14. Identity thef 15. Cycle billing