Controls in the Information Technology Area Are Classified into Preventive,detective,and

question 26

Multiple Choice

Controls in the information technology area are classified into preventive,detective,and corrective categories.Which of the following is preventive control?

• A)Contingency planning.
• B)Hash total.
• C)Echo check.
• D)Access control software.

Explain the rational choice paradigm and its limitations in decision-making.

Understand the potential barriers that can inhibit the accurate identification of business problems within the context of a competitive market environment.

Develop the ability to critically analyze the effectiveness of organizational strategies in response to market challenges.

Gain insight into the role of marketing executives in problem identification and strategy formulation.

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Definitions:

Operating Lease

A lease agreement that does not transfer the risks and rewards of ownership, treated as a rental expense in the lessee's income statement.

Direct Financing Lease

A type of lease where the lessor records the present value of lease payments as a receivable, effectively transferring all risks and rewards of ownership.

Direct Financing Lease

A lease arrangement in which the lessor purchases an asset for the lessee and earns interest income over the lease term while the lessee uses the asset.