A(n) _____________________________
_ is a computer abuse technique in which unauthorized code is inserted in a program, which, when activated, could cause a disaster such as shutting down a system or destroying data.
Fill in the blank(s) with correct word
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Q. 2) When Y Company later records the write-off of a specific customer's account receivable, its total assets will ________.
A) increase
B) decrease
C) remain the same
D) The answer cannot be determined from the information given.
(
Q. 3) An electronic payroll system is one in which data is processed using computers equipped with payroll software.
a. True
b. False
Indicate whether the statement is true or false
(
Q. 4) Team Shirts had current assets of 2,500, long-term assets of 3,850, current liabilities of 1,450, long-term liabilities of 2,000, and shareholder's equity of 2,900. The current ratio (rounded) is ________.
A) 0.72
B) 1.84
C) 4.38
D) 1.72
(
Q. 5) Average inventory is computed by adding the inventory at the beginning of the period to the inventory at the end ofthe period and dividing by two.
a. True
b. False
Indicate whether the statement is true or false
(
Q. 6) Explain the purpose of each financial statement and the type of information found in each statement.
What will be an ideal response?
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