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An Administrator Is Building a Web Server to Host an Online

question 62

Multiple Choice

An administrator is building a web server to host an online banking application. The server should not have access to the internal network, and only ports that are used by the application should be opened. Which of the following MUST be implemented to meet the business requirements?

Distinguish between tangible and intangible assets.
Identify the effects of asset acquisition and expenditure on financial statements.
Understand the financial implications of asset disposal and exchange.
Learn the impact of depreciation on financial statements and cash flow.

Definitions:

Sales Taxes

Taxes imposed on the sale of goods and services, typically collected by retailers at the point of sale and remitted to the tax authority.

Prescription Drugs

Medications that require a doctor’s prescription before they can be purchased or dispensed.

Deductible

An expense that can be subtracted from gross income to reduce the amount of taxable income.

Tax Return

A document filed with a tax authority reporting income, expenses, and other pertinent tax information. Tax returns are mandatory to accurately report one’s income tax liability.

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