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A security architect is working with a project team to deliver an important service that stores and processes customer banking details. The project, internally known as ProjectX, is due to launch its first set of features publicly within a week, but the team has not been able to implement encryption-at-rest of the customer records. The security architect is drafting an escalation email to senior leadership. Which of the following BEST conveys the business impact for senior leadership?
Retained Earnings
Earnings not paid out as dividends but instead reinvested in the company or used to pay off debt.
Total Assets
The combined value of everything a company owns, both current and non-current, as reported in the balance sheet.
Total Revenues
The total amount of income generated by the sale of goods or services before any expenses are subtracted.
Reversing Entries
These are journal entries made at the beginning of an accounting period to reverse or cancel out adjusting entries made at the end of the previous accounting period.
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