John's New Computer Has Started to Perform Oddly and He

question 24

Essay

John's new computer has started to perform oddly and he is concerned that it may have become infected with malware.He knows that you work for a company that produces antivirus software so he gives you a call to ask for advice.List at least six reasons you can give John for preventing viruses and other malware.

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Definitions:

Book Value

The value of an asset as reported on a company's balance sheet, calculated as the cost of the asset minus any accumulated depreciation.

Impairment Model

Impairment Model is an accounting method that requires assets to be reviewed for impairment, whereby their carrying value is adjusted to reflect their recoverable amount if this is less than their current book value.

Indefinite-Lived Assets

Non-physical assets without a predefined expiry date in terms of economic benefits or usefulness.

Amortization

The systematic reduction of a loan or the spreading out of capital expenses for intangible assets over a specific period of time for accounting and tax purposes.