Which of the Following Explains Why Classifying Data Is an Important

question 107

Multiple Choice

Which of the following explains why classifying data is an important step in performing a risk assessment?

• A) To provide a framework for developing good security metrics
• B) To justify the selection of costly security controls
• C) To classify the security controls sensitivity that helps scope the risk assessment
• D) To help determine the appropriate level of data security controls

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Definitions:

Goodwill

An intangible asset that arises when a company acquires another company for a price higher than the fair market value of its net tangible assets.

Impairment Test

An accounting procedure used to determine if an asset's carrying value exceeds its recoverable amount, indicating if the asset is impaired and the loss that needs to be recognized.

Junk Bond Market

A segment of the financial market that deals with high-risk, high-yield bonds issued by corporations with lower credit ratings.

International Mergers

The combination of companies from different countries into a single entity.