An Information Technology Director Collected the Names and Locations of Key

question 52

Multiple Choice

An information technology director collected the names and locations of key vendors,current hardware configuration,names of team members,and an alternative processing location.What is the director most likely preparing?

• A)Data restoration plan.
• B)Disaster recovery plan.
• C)System security policy.
• D)System hardware policy.

---

Definitions:

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year, calculated by dividing current assets by current liabilities.

LIFO Reserve

The difference between the cost of inventory calculated using the Last In, First Out method and the First In, First Out method.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the business's operating cycle.

LIFO

Last In, First Out, an inventory valuation method that assumes the most recently acquired items are sold first, affecting accounting and tax calculations.