Question

Forensic accounting: True or false

The “computer as a symbol” involves using a computer to intercept data transmission

True or False

Computer crime and computer fraud are synonyms.

True or False

At least one court has concluded that harm to a company’s reputation through a computer intrusion is an economic loss.

True or False

Fraud examiners and forensic accounting professionals need to think critically and creatively about what type of harm created by a computer crime in a particular situation constitute a loss and work with victims to document and measure the losses

True or False

Answer 1

1. False.- The "computer as a Symbol" does not involve using a computer to intercept data transmission.

2. False - Computer Crime and Computer Fraud are not synonyms. Computer Fraud can be described as a subset of computer crime.

3. True - The harm to company's reputation through computer intrusion is economic loss as the loss caused is measured in economic terms in the court.

4. True - Fraud examiners and forensic accounting professionals need to think critically and creatively about what type of harm created by a computer crime constitute a loss and work with the victims to document and measure the losses. Forensic accounting professionals apply special skills in accounting, auditing,finance, certain areas of the law, etc. to collect, analyze and evaluate evidence of losses and communicate findings in court.