Restricting the Use of the Information System to Particular Authorised

question 23

Multiple Choice

Restricting the use of the information system to particular authorised personnel by use of passwords is an example of:

• A) organisational controls.
• B) systems development and maintenance controls.
• C) data and procedural controls.
• D) access controls.

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Definitions:

Hedge Ratio

A ratio used to calculate the number of derivatives needed to hedge a particular position, aiming to provide protection against adverse price movements.

Dollar Change

The difference in the price of a security from one trading period to the next, expressed in dollars.

Exercise Price

The amount for which someone holding an option is allowed to buy (for call options) or sell (for put options) the base asset.

Hedge Ratio

A ratio used to determine the amount of derivatives needed to hedge a particular exposure, indicating the relationship between the position size in hedging instruments and the size of the exposure.