How Does Encryption Work

question 5

Multiple Choice

How does encryption work?

• A) It scrambles the information until the key is used to unscramble it.
• B) It protects data on your hard drive,but once you choose to send it to someone,it is no longer protected.
• C) It is a key that you insert into your computer to unlock your saved files.
• D) It is what happens when you download attachments from your email.

Understand and apply the elimination entries for intercompany transactions.

Calculate non-controlling interest (NCI) on the consolidated statement of financial position.

Understand differences between the entity method and parent-company extension method in consolidations.

Understand the distinctions and applications of vector and bitmap images.

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Definitions:

Consolidation

The merging of assets, liabilities, and other financial items of two or more entities to form a single, combined financial statement.

Investment

Allocation of resources, usually money, in assets or projects expected to generate income or profit in the future.

Expenditure

The action of spending funds or expenses incurred by an entity in the course of its operations.

Capital Acquisition

The process of obtaining funds or assets to invest in long-term physical assets or business expansion.