Examlex

Solved

Working at a Ski Resort in the Mountains Has Its

question 60

Multiple Choice

Working at a ski resort in the mountains has its own unique security issues. Kenny is the chief information officer for Sundance Ski Resort, and he is faced with both physical and information security threats every month. Since the resort implemented a new software system, they have been having larger number of threats and breaches of company information. He suspects that this may be caused by an internal employee. He needs to clarify and establish what type of plan to help reduce further problems?


Definitions:

Allocation

The process of assigning a cost, or a group of costs, to one or more cost objectives, in reasonable proportion to the benefits provided or other equitable relationship.

Goodwill

An intangible asset representing the value of a company’s brand name, solid customer base, good customer relations, and employee morale.

Amortize

To amortize means to gradually reduce or write off the cost or value of an asset or a debt over a period.

Fair Value

The estimated market value of an asset or liability, reflecting the amount for which it could be exchanged in an orderly transaction between market participants.

Related Questions