___ Protects Data in Transit and at Rest by Transforming

question 62

Multiple Choice

___ protects data in transit and at rest by transforming the data into an unintelligible format, readable only if the key is possessed.

• A)IoT
• B)Encryption
• C)Data diddling
• D)Antivirus software

---

Definitions:

Financial Statement

Documents that provide an overview of a company's financial condition, including balance sheets, income statements, and statements of cash flows.

Permanent/Temporary

Describes assets or accounts within financial contexts; permanent assets or accounts are long-term and not expected to be converted into cash within a year, while temporary accounts track revenues, expenses, and dividends and are closed at the end of the fiscal year.

Periodic Inventory System

An inventory accounting system where updates to inventory levels are made on a periodical basis rather than transaction by transaction.

Net Method

An accounting practice where purchase discounts are recorded immediately by reducing the price of the goods bought, assuming the discount will be taken.