Question
Which of these is an advantage of a virtual currency to a company? (Points : 3) The ability of a company to do more business
Which of these is an advantage of a virtual currency to a company? (Points : 3) The ability of a company to do more business if they accept the currency Appreciation in value is reportable for tax purposes Floating cost bases makes accounting for such assets more accurate Risks are manageable since no central bank guarantees its value Question 2.2. The X in the term XBRL stands for which of the following? (Points : 3) Extra Extensible X-rated Extensive Question 3.3. Which of these best describes the current state of XBRL? (Points : 3) It now lacks standards, but the hope is that we will get some soon The language is completely standardized The language is dynamic and standards are still being developed The language now awaits official sanction by the United Nations before being released for use Question 4.4. Which of the following is another name for an Internet domain address? (Points : 3) URL ISP Email address IETF Question 5.5. Which of these best describes a firms use of social media for monitoring employees? (Points : 3) It is illegal It is legal but rarely done It enables companies to identify employees with undesirable traits It is a required practice that is required by most worker unions Question 6.6. A forensic accountant is an accountant who performs which of the following tasks? (Points : 3) Performs autopsies on dead accountants Tries to explain why some accounts become inactive Investigates suspected fraud Performs court-approved accounting tasks for bankrupt companies Question 7.7. It is important to be able to recognize the symptoms of employee fraud. In practice, which of the following might be the best clue that fraud might be occurring? (Points : 3) Accounting irregularities Internal control procedures that managers feel are inadequate Anomalies that, together, seem unreasonable Trial balances that contain errors Question 8.8. Which of the following is the term for the process of changing data before, during, or after they are entered into a computer system? (Points : 3) Data diddling Salami data technique Logic bombs Social engineering Question 9.9. Which of the following best explains why we have incomplete information on cybercrime? (Points : 3) Most companies handle abuse as an internal matter Most newspapers no longer have any interest in reporting cybercrime Documentation of abuses is usually poor We believe that most cybercrime is not caught Question 10.10. Which of these statements is most accurate about cybercrime? (Points : 3) Almost all cybercrime is committed for personal gain Very little cybercrime is committed for personal gain Most cybercrime is just as easily described as embezzlement We actually know very little about cybercrime
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started