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Critical Thinking Questions
Case 1-2
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.
Internal Control
Processes adopted by organizations to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.
Data Integrity
The accuracy, consistency, and reliability of data throughout its lifecycle, ensuring it remains intact and unaltered from its original state.
Operating Reserves
Funds set aside by an organization to support operations and ensure financial stability in the event of unexpected circumstances or emergencies.
Short-Term Instruments
Financial tools or securities that have a short maturity period, often less than one year, used for investment purposes.
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