Which of the Following Statements Describes the Objectives of Service

question 489

Multiple Choice

Which of the following statements describes the objectives of service asset and configuration management? 1. To identify, control, report and verify service assets and configuration items (CIs)
2) To account for, manage and protect the integrity of service assets and configuration items
3) To establish and maintain an accurate and complete configuration management system
4) To document all security controls together with their operation and maintenance

• A) 1 and 2 only
• B) 1, 2, and 3 only
• C) 1, 3 and 4 only
• D) All of the above

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Definitions:

Stockholders' Equity

The owners' residual interest in a corporation, calculated as total assets minus total liabilities, representing the net worth.

Posting Errors

Mistakes that occur when transferring journal entries to the ledger accounts, which can lead to discrepancies in financial records.

Trial Balance

A financial statement that lists all balances in a firm's general ledger accounts at a specific point in time to verify that debits equal credits.

Account Balance

The amount of money in a financial repository, such as a bank account, at any given moment.