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3 years ago

Perhaps the most significant federal statute specifically addressing cyber crime is the:________.

Business

1 answer:

frosja888 [35]3 years ago

3 0

Answer:

c. Computer Fraud and Abuse Act.

Explanation:

Computer Fraud and Abuse Act (CFAA) is a cyber security bill that was enacted in 1986 and is an amendment of of Comprehensive Crime Control Act of 1984.

The acts forbids a person to access a computer without proper authorisation or an excess of required authority.

Before this time cybercrime was prosecuted as mail and wire fraud. This was often inadequate.

Other provisions the act addresses are distribution of malicious code, denial of service attacks, and trafficking in passwords

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Gable Inc. is a provider of home furnishings. The company uses the FIFO inventory method. The following information was taken fr

Alexus [3.1K]

Answer:

a. LIFO is the last method of accounting for inventory by recording the most recently produced or purchases item as the item sold first . If there is an increase in the cost of the item , this would mean higher cost of goods as you would have to record the item with the higher cost as the sold item

b. 1. Income before taxes = 110,000

2. Income tax expense = 44,000

3. Net income = 66,000

4. Net cash provided by operating activities = 116,750

Explanation:

Cost of goods sold with FIFO = $1,850,000

Cost of goods sold with LIFO = $1,865,000

Extra cost using LIFO= 1,865,000 - 1,850,000 - 15,000

Income before taxes using LIFO = 125,000(FIFO amount)- 15,000 = 110,000

Income tax expense = 40% X 110,000 = 44,000

Net income = 110,000 - 44,000 = 66,000

Net cash provided by operating activities = 123,250(fifo amount ) - 15000(extra cost of goods) + 8,500 (tax savings) = 116,750

3 0

3 years ago

Crowl Corporation is investigating automating a process by purchasing a machine for $802,800 that would have a 9 year useful lif

puteri [66]

Answer:

Simple rate of return = 6.25%

Explanation:

As per the data given in the question,

Net operating income = saving - depreciation on machine

Investment = cost price - scrap value

So, we can calculate the simple rate of return by using following formula:

Simple rate of return = Net operating income ÷ investment

By putting the value, we get

= ($138,000 - $89,200) ÷ ($802,800 - $22,200)

= 0.0625

= 6.25%

7 0

3 years ago

If the price of a product increases rev: 05_10_2018 Multiple Choice total revenue will definitely increase. consumer surplus wil

Gekata [30.6K]

Answer:

consumer surplus will decrease.

Explanation:

Consumer surplus is defined as the difference between the price customers are willing to pay for a product and what they actually pay.

On the demand and supply curve it is indicated by the shaded area between equillibrum and demand curve as illustrated in the attached diagram.

For example let's assume the price a customer was willing to pay for a product was $50 and market price was $30

Initial consumer surplus= 50- 30= $20

Assume bmarket price increase to $40

The new consumer surplus is= 50- 40

Present consumer surplus= $10

So a price increase causes a decrease in the consumer surplus.

6 0

3 years ago

Sally works for Timber Products, Inc. The basis for her contribution under the Federal Insurance Contribution Act to help pay fo

Delicious77 [7]

Sally works for Timber Products, Inc. The basis for her contribution under the Federal Insurance Contribution Act to help pay for benefits that will partially make up for her loss of income on retirement is her annual wage base.

Answer: Option B

<u>Explanation:</u>

The contribution that Sally, who is working for Timber Products incorporation, has to make for federal insurance contribution act is based on the amount of wage that Sally gets on an annual basis or the wage that she gets in a year.

A part of that wage which is a particular percentage is paid to the federal insurance contribution act who is going to benefit her in case she incurs any kind of loss of income.

8 0

3 years ago

When diseconomies of scale occur, Multiple Choice marginal cost intersects average total cost. the long-run average total cost c

Darya [45]

Answer:

the long-run average total cost curve rises

Explanation

Diseconomies of scale is a situation that comes up due to the growth of a business which leads to increase in cost per unit. It is the cost disadvantage a business accrue as a result of increase in output leading to increase in cost per unit in the production of goods and services. When diseconomies of scale occur, as output rises unit cost falls.

3 0

3 years ago

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