Someone knocked on your door on a Friday afternoon. When you answered the door, a man dressed in a city official uniform approached you and introduced himself to you. The man said, "Hi, I am Andrew from the city public work department. We are updating our system and would like to obtain just a few piece of information from you." He proceeded to ask you several questions and obtained your driver
license information and the last 4 digits of your social security number. As the man left your front porch, you saw that he was getting into his car which does not bear the city official logo. You later called the city public work department and found that they have no knowledge of a worker named Andrew and that they did not send anyone out to collect your information. You just fell victim to a ________ fraud.
A) pretexting
B) pharming
C) phishing
D) posing
Answer: A
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Net income will result during a time period when
A. assets exceed liabilities. B. assets exceed revenues. C. expenses exceed revenues. D. revenues exceed expenses.
The ongoing process of recruiting, evaluating, developing, and preparing employees to assume other positions in the firm in the future is ________
A) a qualifications inventory B) succession management C) a job posting system D) resume database building