Author Question: A logic bomb is a computer abuse technique in which unauthorized code is inserted in a program, ... (Read 150 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?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

For a complete list of videos, visit our video library