The Use of the Smart Card or Security Tokens Is

question 106

Multiple Choice

The use of the smart card or security tokens is referred to as a two factor authorization because:

• A)It is based on something the user has, the token or card, and something the user knows, the password.
• B)It requires that the user is granted the card / token in a secure environment and that the user actually uses the card / token.
• C)It requires that the user has two different authorizations: (1) to receive the card / token, and (2) to use the card / token.
• D)It requires the use the card / token to (1) login to the system and (2) access the applications.

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Definitions:

Inventory Increase

Occurs when the ending inventory is greater than the beginning inventory, reflecting a net addition to stock through purchases or production.

Accounts Payable

Short-term liabilities of a business that are due to be paid to creditors within a specified period.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including material and labor.

Operating Expenses

Costs associated with the normal operations of a business, excluding cost of goods sold and direct labor.