Also Referred to as Conventional Encryption, Secret-Key, or Single-Key Encryption

question 11

Short Answer

Also referred to as conventional encryption, secret-key, or single-key encryption, _________ encryption was the only type of encryption in use prior to the development of public-key encryption in the late 1970's.

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Definitions:

Activity-based Costing

An approach to assigning an organization's overhead costs to specific products or services based on the activities undertaken to produce those products or services.

Direct Labour-hours

Direct labor-hours are the total hours spent by workers who directly contribute to the manufacture of a product, a direct measure of labor input.

Activity Cost Pools

Aggregations of all the costs associated with specific activities, used in activity-based costing to allocate costs more accurately.

Activity-based Costing

A costing method that assigns costs to products or services based on the activities they require, aiming to provide more accurate cost information.