A Technician Is Using the Security Tab in the Properties

question 10

Multiple Choice

A technician is using the Security tab in the Properties dialog box in an attempt to remove the inherited status from a file's permissions but cannot locate where to make the change.  
Which of the following steps should the technician take to make this change?

• A) Click the Sharing tab and click Advanced Sharing.
• B) Click the Administrator user name and click the Edit button.
• C) Click the Advanced button to open Advanced Security Settings for the file.
• D) Click the Previous Versions tab, highlight the file, and click Restore.

Understand the concept of cash-basis and accrual-basis accounting.

Appreciate the importance and methods of depreciation and its impact on financial statements.

Recognize the significance of revenue recognition and its potential for fraud.

Understand the principles behind the time period assumption.

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Definitions:

Lessee

An entity or individual that leases an asset from another, the lessor, under the terms of a lease agreement.

Lease Payments

Regular payments made by a lessee to a lessor for the use of an asset or property.

Discount Rate

is the interest rate used in discounted cash flow analysis to present value future cash flows, affecting the attractiveness of an investment.

Lease Versus Buy

A decision-making process in finance that compares the costs and benefits of leasing an asset versus purchasing it outright.