A Banking App Requires Stringent Access Control Measures for Security

question 555

Multiple Choice

A banking app requires stringent access control measures for security reasons.Which of the following techniques could be used to define who can use the app and what actions they can perform?

• A) Require users to identify themselves using biometrics or passwords.
• B) Require users to install antivirus software on their devices.
• C) Create a strict license agreement for the app.
• D) Display a stern warning on the welcome screen.

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Definitions:

Capital Stock

The amount of money or assets that owners have contributed to a corporation in exchange for shares of ownership.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board that guide the preparation and presentation of financial statements globally.

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Relating to the analysis of financial information by comparing data from different time periods or entities.

Prior-period Information

Financial information related to a previous reporting period that is used for comparison or adjustment purposes in current financial statements.