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An organization handling highly confidential information needs to update its systems. Which of the following is the BEST method to prevent data compromise?
Incidental Costs
Minor or secondary expenses associated with a larger primary transaction, often unpredictable or non-recurring in nature.
Final Cost
The total cost incurred for goods or services, including all related expenses.
Perpetual Inventory System
A continuous tracking system for inventory that updates item counts after each sale or purchase, providing real-time inventory levels.
FIFO
An inventory valuation method where the first items purchased or produced are the first ones sold, standing for "First In, First Out."
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