Author Question: A logic bomb is a computer abuse technique in which unauthorized code is inserted in a program, ... (Read 66 times)

Pea0909berry

  • Hero Member
  • *****
  • Posts: 573
A logic bomb is a computer abuse technique in which unauthorized code is inserted in a program, which, when activated, may cause a disaster such as shutting down a system or destroying data.
  Indicate whether the statement is true or false

Question 2

Discuss the qualities of accounting information.
 
  What will be an ideal response?



Dinolord

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

T

Answer to Question 2

Usefulness is the most important characteristic of accounting information. Useful information is relevant to the decision maker. In other words, it makes a difference in making decisions. Information must be reliable. This means that it must be verifiable or based on some sort of documentation. The information must be accurate and truthful. Useful information must be comparable across different companies. Therefore, accountants and companies follow GAAP reporting rules. When all companies follow the same reporting rules, then information can be compared among companies and industries. Useful information should be consistent. This means that accountants and companies have to follow the same reporting rules across time.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

For a complete list of videos, visit our video library