Simon Is in Charge of Network Security at a Medium-Sized

question 29

Multiple Choice

Simon is in charge of network security at a medium-sized company. His boss has asked him to give an overview of the company's network security to the board of directors. Simon tells the board that his department does all of the following, EXCEPT: ____.

• A) regularly back up data and store it off site.
• B) occasionally run antivirus software in order to protect data and programs.
• C) use biometric security measures, which examine a fingerprint in order to gain access to a secure area.
• D) use a firewall to keep unauthorized users from accessing the computers.

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Definitions:

Liabilities

Financial obligations or debts a company owes to external parties or entities.

Accounting Equation

The fundamental equation of double-entry bookkeeping, stating that assets equal liabilities plus shareholders' equity.

FASB

Stands for the Financial Accounting Standards Board, which is responsible for establishing and improving financial accounting and reporting standards in the United States.

GAAP

Generally Accepted Accounting Principles, a standard framework of guidelines for financial accounting.