Tommy Nolis's hobby is computers. Just for fun he tests his skill by getting past the access codes of BCE Corp and obtaining access to its data, which he downloads onto his own computer
He does not do anything with the data – not even look at it. What offence has Tommy committed?
A) Theft
B) Fraud
C) Unauthorized use of a computer
D) Mischief in relation to data
E) Unlawful interception of electronic communications
C
Business
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Which of the following is an alternate form of the accounting equation?
a. Assets - Liabilities = Stockholders' Equity b. Revenues - Expenses = Net Income c. Assets = Liabilities - Stockholders' Equity d. Expenses - Dividends = Net Income
Business
The percent of sales method assumes that all assets and all liabilities increase proportionally with
sales, but retained earnings does not. Indicate whether the statement is true or false
Business