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Nuetrik [128]
3 years ago
6

Niran has initiated a scam in which he counterfeited a well-known banking website and sent out e-mails to direct victims to it.

By making this website look authentic, he was able to get victims to reveal their social security numbers, bank account numbers, and credit card numbers. What type of scam is Niran running in this scenario?
a. hacking
b. password breaking
c. phishing
d. intellectual property theft
e. utility fraud
Business
1 answer:
kap26 [50]3 years ago
4 0

Answer:

c. phishing

Explanation:

  • Phishing is a fraud attempt to get sensitive information as passwords usernames and credit card related information, by posing as the trustworthy entity in the electronic communication as email or website and even messaging etc.
  • The user is often lured in by the communication from fake trusted parties such as the social media sites and auction sites in order to make an online payment and thereby taking access to the information of users. It is the most common type of online attack.
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Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has bud
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Results are below.

Explanation:

<u>First, we need to calculate the number of processing hours:</u>

Processing hours= (0.25*3,000) + (0.1*6,000) + (0.3*3,500)

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<u>Now, we can calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

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<u>To allocate overhead, we need to use the following formula:</u>

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Tortilla chips= 86.25*75= 64,687.5

Potato chips= 600*86.25= 51,750

Pretzels= 86.25*1,050= 90,562.5

<u>Finally, the unitary cost:</u>

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Potato chips= 51,750 / 6,000= $8.63

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Interest on reserves is one of the monetary policy tools that the Fed uses regularly. The Fed pays interest on any excess reserves held by the banks. Increasing the interest paid on reserves encourages banks to hold more money.  Decreases the interest prompts the banks to lend out more. Contractionary monetary policies are measures aimed at decreasing the money supply in the economy. Increasing interest on reserves increases money held in the banking sectors, thereby slowing down money circulation.

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