Question 1

A power outage is an example of a(n)________ threat.
A)natural and political disasters
B)software errors and equipment malfunctions
C)unintentional acts
D)intentional acts (computer crimes)

Accepted Answer

Power outages can be caused by equipment malfunctions, which falls under the category of software errors and equipment malfunctions. This category includes any issues with the physical or software components of a system that lead to disruptions, including power supply issues.

Question 2

Fraud perpetrators are often referred to as
A)bad actors.
B)blue-collar criminals.
C)white-collar criminals.
D)outlaws.

Accepted Answer

Fraud perpetrators are commonly referred to as white-collar criminals, as they typically engage in non-violent crimes related to deception, manipulation, fraud, and other illegal activities in a business or professional setting. The term "white-collar" comes from the stereotype that these individuals are typically professionals who wear white dress shirts and work in offices, as opposed to "blue-collar" workers who perform manual labor. The other answer choices (bad actors, outlaws) are too broad and do not specifically refer to fraud perpetrators.

Question 3

A disgruntled employee in Australia hacked into a sewage system,causing a quarter of a million gallons of raw sewage to flood a hotel and a park.

Accepted Answer

This news story is true. The incident occurred in Queensland, Australia in November 2018. The disgruntled employee was a former contractor who used his knowledge of the sewage system to access and manipulate it, causing the flood of raw sewage. Several buildings and public areas were affected, including a hotel and a park. The individual was later arrested and charged with computer hacking and misuse of information.

Question 4

Sabotage is an example of a(n)________ threat.
A)natural and political disasters
B)software errors and equipment malfunctions
C)unintentional acts
D)intentional acts (computer crimes)

Accepted Answer

Sabotage is a deliberate act meant to harm or disrupt a system, making it an intentional threat. This type of threat falls under the category of computer crimes, which includes hacking, viruses, and other malicious activities.

Question 5

Perhaps the most striking fact about natural disasters in relation to AIS controls is that
A)many companies in one location can be seriously affected at one time by a disaster.
B)losses are absolutely unpreventable.
C)there are a large number of major disasters every year.
D)disaster planning has largely been ignored in the literature.

Accepted Answer

Natural disasters such as hurricanes, earthquakes, and floods can have a widespread impact, affecting multiple companies located in the same region. This underscores the importance of disaster planning and having appropriate AIS controls in place to minimize losses and ensure business continuity. While there are a large number of major disasters every year, it is the potential impact on multiple companies that makes disaster planning so critical.

Question 6

A 16 year old hacker was able to access the systems of U.S.Missile Command and accidently launched a small nuclear missile,which fortunately,failed to detonate.

Accepted Answer

There is no record of such an incident occurring. It is a fictional scenario.

Question 7

What agency did the United States create to use cyber weapons and to defend against cyber attacks?
A)U.S. Cyber Command
B)Department of Network Security
C)Department of Cyber Defense
D)Department of Technology Strategy

Accepted Answer

The United States created U.S. Cyber Command in 2009, which is responsible for using cyber weapons and defending against cyber attacks. It operates under the Department of Defense and works to protect and secure America's military networks and infrastructure in cyberspace.

Question 8

"Cooking the books" is typically accomplished by all the following except
A)overstating inventory.
B)accelerating recognition of revenue.
C)inflating accounts payable.
D)delaying recording of expenses.

Accepted Answer

Inflating accounts payable is not a typical method used to cook the books. The other choices listed are common ways to manipulate financial records to make a company's financial performance appear better than it actually is.

Question 9

Lauren wants to open a floral shop in a downtown business district.She doesn't have funds enough to purchase inventory and pay six months' rent up front.Lauren approaches a good friend,Jamie,to discuss the possibility of Jamie investing funds and becoming a 25% partner in the business.After a lengthy discussion,Jamie agrees to invest.Eight months later,Jamie discovered that Lauren has not be honest with her regarding some aspects of the business financial operation.In order for Jamie to sue Lauren for fraud,all the following must be true except
A)Jamie's decision to invest was primarily based on Lauren's assertion that she had prior floral retail experience.
B)Jamie has suffered a substantial loss in her investment because of Lauren's deception.
C)Jamie trusted and relied on Lauren's representation of the business financial operation.
D)Jamie found Lauren dishonest because she does not always reconcile the business cash account on a timely basis.

Accepted Answer

While it is important for a business to accurately reconcile their accounts, this alone does not constitute fraud. In order for Jamie to sue Lauren for fraud, all of the other factors (A, B, and C) must be true.

Question 10

The activist hacker group called Anonymous played Santa Claus one Christmas,indicating they were "granting wishes to people who are less fortunate than most." They were inundated with requests for iPads,iPhones,pizzas,and hundreds of other things.They hacked into banks and sent over $1 million worth of virtual credit cards to people.

Accepted Answer

The answer of The activist hacker group called Anonymous played...

Question 11

Undetected data transmission errors are an example of a(n)________ threat.
A)natural and political disasters
B)software errors and equipment malfunctions
C)unintentional acts
D)intentional acts (computer crimes)

Accepted Answer

The answer of Undetected data transmission errors are an example...

Question 12

Terrorists are an example of a(n)________ threat.
A)natural and political disasters
B)software errors and equipment malfunctions
C)unintentional acts
D)intentional acts (computer crimes)

Accepted Answer

The answer of Terrorists are an example of a(n)________ threat.
A)natural...

Question 13

Systems that do not meet company need is an example of a(n)________ threat.
A)natural and political disasters
B)software errors and equipment malfunctions
C)unintentional acts
D)intentional acts (computer crimes)

Accepted Answer

The answer of Systems that do not meet company need...

Question 14

What characteristics must be presented for an act to be considered fraudulent? Give an example to support your answer.

Accepted Answer

The answer of What characteristics must be presented for an...

Question 15

Which of the following is the greatest risk to information systems and causes the greatest dollar losses?
A)Human errors and omissions
B)Physical threats such as natural disasters
C)Dishonest employees
D)Computer crime

Accepted Answer

Human errors and omissions are the greatest risk to information systems, often leading to significant dollar losses due to mistakes in data handling, lack of proper training, or accidental deletions, which can disrupt operations and require costly corrections.

Question 16

Excessive heat is an example of a(n)________ threat.
A)natural and political disasters
B)software errors and equipment malfunctions
C)unintentional acts
D)intentional acts (computer crimes)

Accepted Answer

Excessive heat is a natural disaster that can pose a threat to equipment and infrastructure. The other choices do not apply to this scenario.

Question 17

At Facebook,an automated system for verifying configuration value errors backfired,causing every single client to try to fix accurate data it perceived as invalid.Since the fix involved querying a cluster of databases,that cluster was quickly overwhelmed by hundreds of thousands of queries a second.The resultant crash took the Facebook system offline for two-and-a-half hours.

Accepted Answer

The passage clearly states that the automated system caused a crash that took the Facebook system offline for two-and-a-half hours.

Question 18

Identify the threat below that is not one of the four types of threats faced by accounting information systems.
A)Natural and political disasters
B)Software errors and equipment malfunctions
C)Unintentional acts
D)System design inefficiency

Accepted Answer

The four types of threats faced by accounting information systems include natural and political disasters, software errors and equipment malfunctions, and unintentional acts. System design inefficiency is not categorized as a direct threat but rather a flaw that could potentially lead to vulnerabilities or inefficiencies in the system.

Question 19

Which type of threat poses the greatest risk to information systems?
A)Software errors and equipment malfunctions
B)Unintentional acts
C)Intentional acts (computer crimes)
D)Natural and political disasters

Accepted Answer

The answer of Which type of threat poses the greatest...

Question 20

What was the first known cyber-attack intended to harm a real-world physical target?
A)Sasser
B)Stuxnet
C)Michelangelo
D)Doomsday

Accepted Answer

Stuxnet was the first known cyber-attack intended to harm a real-world physical target. It targeted industrial control systems, specifically those used in Iran's nuclear program, and caused physical damage to centrifuges used in uranium enrichment.

Quiz 5: Computer Fraud

A power outage is an example of a(n) ________ threat.

Fraud perpetrators are often referred to as

A disgruntled employee in Australia hacked into a sewage system,causing a quarter of a million gallons of raw sewage to flood a hotel and a park.

Sabotage is an example of a(n) ________ threat.

Perhaps the most striking fact about natural disasters in relation to AIS controls is that

A 16 year old hacker was able to access the systems of U.S.Missile Command and accidently launched a small nuclear missile,which fortunately,failed to detonate.

What agency did the United States create to use cyber weapons and to defend against cyber attacks?

"Cooking the books" is typically accomplished by all the following except

Undetected data transmission errors are an example of a(n) ________ threat.

Terrorists are an example of a(n) ________ threat.

Systems that do not meet company need is an example of a(n) ________ threat.

What characteristics must be presented for an act to be considered fraudulent? Give an example to support your answer.

Which of the following is the greatest risk to information systems and causes the greatest dollar losses?

Excessive heat is an example of a(n) ________ threat.

Identify the threat below that is not one of the four types of threats faced by accounting information systems.

Which type of threat poses the greatest risk to information systems?

What was the first known cyber-attack intended to harm a real-world physical target?