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NEW QUESTION: 1
Which of the following is reported as financing cash flow?
I). Proceeds provided from loans secured by accounts receivable.
II). Cash provided from outright sales of accounts receivable, whether to a factor or through a securitization agreement.
III). Cash provided from outright sales of accounts receivable to a factor.
IV). Cash provided from outright sales of accounts receivable through a securitization agreement.
A. I only.
B. I and III.
C. I, II, III and IV.
Answer: A
Explanation:
Cash provided from outright sales of accounts receivable is reported as operating cash flow.
Such operating cash flow is effectively borrowed from a future reporting period and is not sustainable.

NEW QUESTION: 2
After working on his doctoral dissertation for two years, Joe, a user, is unable to open his dissertation file. The screen shows a warning that the dissertation file is corrupted because it is infected with a backdoor, and can only be recovered by upgrading the antivirus software from the free version to the commercial version. Which of the following types of malware is the laptop MOST likely infected with?
A. Armored virus
B. Trojan
C. Ransomware
D. Backdoor
Answer: C
Explanation:
Ransomware is a type of malware which restricts access to the computer system that it infects, and demands a ransom paid to the creator(s) of the malware in order for the restriction to be removed. Some forms of ransomware encrypt files on the system's hard drive), while some may simply lock the system and display messages intended to coax the user into paying.
Ransomware typically propagates as a trojan like a conventional computer worm, entering a system through, for example, a downloaded file or a vulnerability in a network service. The program will then run a payload: such as one that will begin to encrypt personal files on the hard drive. More sophisticated ransomware may hybrid-encrypt the victim's plaintext with a random symmetric key and a fixed public key. The malware author is the only party that knows the needed private decryption key. Some ransomware payloads do not use encryption. In these cases, the payload is simply an application designed to restrict interaction with the system, typically by setting the Windows
Shell to itself, or even modifying the master boot record and/or partition table (which prevents the operating system from booting at all until it is repaired)
Ransomware payloads utilize elements of scareware to extort money from the system's user. The payload may, for example, display notices purportedly issued by companies or law enforcement agencies which falsely claim that the system had been used for illegal activities, or contains illegal content such as pornography and pirated software or media. Some ransomware payloads imitate Windows' product activation notices, falsely claiming that their computer's Windows installation is counterfeit or requires re-activation. These tactics coax the user into paying the malware's author to remove the ransomware, either by supplying a program which can decrypt the files, or by sending an unlock code that undoes the changes the payload has made.
Incorrect Answers:
B. In computers, a Trojan horse is a program in which malicious or harmful code is contained inside apparently harmless programming or data in such a way that it can get control and do its chosen form of damage. Ransomware can be distributed as a Trojan but the term Trojan does not specifically describe the attack in this question.
C. A backdoor in a computer system is a method of bypassing normal authentication securing unauthorized remote access to a computer while attempting to remain undetected. The backdoor may take the form of an installed program or may subvert the system through a rootkit. A backdoor is not what is described in this question.
D. An armored virus is a type of virus that has been designed to thwart attempts by analysts from examining its code by using various methods to make tracing, disassembling and reverse engineering more difficult. An Armored Virus may also protect itself from antivirus programs, making it more difficult to trace. To do this, the Armored Virus attempts to trick the antivirus program into believing its location is somewhere other than where it really is on the system. An armored virus is not what is described in this question.
References:
http://en.wikipedia.org/wiki/Ransomware
http://www.webopedia.com/TERM/A/Armored_Virus.html

NEW QUESTION: 3
Copyright provides protection for which of the following?
A. Discoveries of natural phenomena
B. Ideas expressed in literary works
C. A particular expression of an idea
D. New and non-obvious inventions
Answer: C