A Banking App Requires Stringent Access Control Measures for Security

question 41

Multiple Choice

A banking app requires stringent access control measures for security reasons.Which of the following techniques could be used to define who can use it and what actions they can perform?

• A) Incorporate biometrics and the need for passwords to access the application
• B) Ensure installation of antivirus software on every customer's computer
• C) Define the license agreements of the application appropriately
• D) List out copyright policies to be taken into account while using the application clearly

---

Definitions:

Maturity

The scheduled day when the full amount of a financial device like a bond or loan must be completely paid off.

Eliminating Float

Strategies or processes aimed at reducing the time delay between when a check is written and when it clears the banking system.

Total Float

The amount of time that a project task can be delayed without causing a delay to subsequent tasks or the project's completion date.

Net Collection Float

The difference between check deposits recorded in the book balance and the amount of checks that have actually been cleared or credited to the bank account.