EBK ACCOUNTING INFORMATION SYSTEMS
EBK ACCOUNTING INFORMATION SYSTEMS
13th Edition
ISBN: 9780133428674
Author: Steinbart
Publisher: VST
Question
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Chapter 6, Problem 1CQ
To determine

State the computer fraud technique to modify the payroll information of a computer system in a company.

Expert Solution & Answer
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Answer to Problem 1CQ

Option (d)

Explanation of Solution

Computer Fraud:

A computer fraud is an unlawful act committed by the employees in an organization where a computer is either a tool or a target. This type of fraud is conducted by using the internet, internet devices, or internet services to defraud the people in an organization.

State the computer fraud technique to modify the payroll information of a computer system in a company.

Justification for correct answer:

Option (d):

Introducing an unauthorized computer program to increase the pay of an employee in a fraudulent manner in an authorized functioning system is a Trojan horse attack Therefore, it is the correct answer.

Justification for incorrect answer:

Option (a):

A virus is a piece of computer instruction that are programmed to cause undesirable actions upon execution. These can include constantly replicating itself, manipulating software and spreading to other computer files. Therefore, it is an incorrect answer.

Option (b):

 A worm is a computer program that is designed by a programmer to copy and actively transmit the data and activities of the host computer upon execution. Therefore, it is an incorrect answer.

Option (c):

A trap door is an undocumented method of gaining entry into the system files by bypassing the system controls. Therefore, it is an incorrect answer.

Therefore, the correct answer is Option (d).

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Bedrock Company reported a December 31 ending inventory balance of $412,000. The following additional information is also available: -The ending inventory balance of $412,000 included $72,000 of consigned inventory for which Bedrock was the consignor. -The ending inventory balance of $412,000 included $22,000 of office supplies that were stored in the warehouse and were to be used by the company's supervisors and managers during the coming year. Based on this information, the correct balance for ending inventory on December 31 is: A) $362,000 B) $390,000 C) $412,000 D) $318,000 E) $340,000
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