COGNITIVE ASSESSMENT Which of the Following Is NOT True About

question 41

Multiple Choice

COGNITIVE ASSESSMENT Which of the following is NOT true about two-step verification?

• A) Another term for it is two-factor verification.
• B) When a system sends an authentication code, it typically does not expire.
• C) If you sign in from a device you use frequently, you can elect to bypass two-step verification.
• D) ATMs usually require a two-step verification.

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Definitions:

Budgeted Costs

Projected financial expenditures that a company expects to incur during a specified period in the future.

Static Budget

A fixed budget based on a specific level of activity and does not change with the actual level of activity.

Favorable Differences

Variations between budgeted and actual figures that are advantageous to the company, indicating better performance or savings.

Unfavorable Differences

Variances that occur when actual costs are higher than the budgeted or standard costs, often considered as negative variances.