__________Safeguards Involve the People and Procedure Components of Information Systems

question 1

Multiple Choice

__________safeguards involve the people and procedure components of information systems.

• A) Human
• B) Firewall
• C) Technical
• D) Malware
• E) Data

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Definitions:

Amortization

The process of spreading out a loan into a series of fixed payments over time, or the gradual write-off of the cost of an intangible asset over its useful life.

Bond Premium

The amount by which the market price of a bond exceeds its face value, typically resulting when market interest rates are lower than the bond's coupon rate.

Interest Expense

The cost incurred by an entity for borrowed funds, reflecting the interest payments on debt obligations.

Operating Line

A revolving credit facility extended by a bank to a business to fund its day-to-day operations.