An Organization Publishes and Periodically Updates Its Employee Policies in a File

question 263

Multiple Choice

An organization publishes and periodically updates its employee policies in a file on their intranet. Which of the following is a PRIMARY security concern?

• A) Ownership
• B) Confidentiality
• C) Availability
• D) Integrity

Comprehend the implications of being primarily or secondarily liable on a negotiable instrument.

Grasp the conditions under which a delay in payment or refusal to pay constitutes dishonor of an instrument.

Understand the actions required by the holder to enforce payment on a negotiable instrument.

Recognize the circumstances under which warranty liability arises in the transfer of a negotiable instrument.

---

Definitions:

Sales Territory

A specific geographical area or group of customers assigned to a salesperson or team for the purpose of marketing and selling products or services.

Common Fixed Expenses

Expenses that remain constant in total regardless of changes in the level of activity or volume of output and are shared by more than one segment of a business.

Contribution Margin

Contribution margin is the revenue remaining after subtracting variable costs, used to cover fixed costs and generate profit, highlighting the profitability of individual products.

Business Segments

Parts or divisions of a company that operate within distinct markets or industries, often reported separately in financial statements for analysis.