ACCT2000 Chapter Notes - Chapter 5: Computer Fraud, Financial Statement, Market Saturation

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The four types of ais threats a company faces are: A cookie is a text file created by a (cid:449)e(cid:271)site a(cid:374)d stored o(cid:374) a (cid:448)isitor"s hard dri(cid:448)e that stores i(cid:374)for(cid:373)atio(cid:374) about who the user is and what the user has done on the site. Fraud is any and all means a person uses to gain an unfair advantage over another person. For an act to be fraudulent there must be: White-collar criminals are typically business people who commit fraud by resorting to trickery or cunning and violate trust or confidence. Corruption is dishonest conduct by those in power which often involves actions that are illegitimate, immoral or incompatible with ethical standards. Investment fraud involves misrepresenting or leaving out facts in order to promote an investment that promises fantastic profits with little or no risk. Misappropriation of assets is the theft of company assets by employees.

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