SysTrust Principles Are Classified As

question 15

Multiple Choice

SysTrust principles are classified as:
-The can be updated when required in a manner that continues to provide for system availability, security, and integrity.
_____

• A)Availability
• B)Security
• C)Integrity
• D)Maintainability
• REQUIRED: Indicate the principle to which each of the following definitions pertains by using the code letters abovE._____

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Definitions:

Trading Costs

Expenses associated with the buying and selling of assets in financial markets, including commissions, spreads, and slippage.

Heuristics

Mental shortcuts or rules of thumb that simplify decision-making processes, often used under conditions of uncertainty.

Decision-Making

The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.

Overconfidence

This is a bias in behavioral finance where investors believe they have superior knowledge or capabilities, leading to overly optimistic assessments of their investment decisions.