As the Result of the Terrorist Attacks on September 11

question 126

True/False

As the result of the terrorist attacks on September 11, 2001, managers of most major corporations have become much more willing to give the government extensive access to information about problems with electronic communication such as viruses and attacks by hackers.

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Definitions:

Internal Control Systems

Methods and systems adopted by an organization to maintain the accuracy of its financial and accounting records, ensure responsibility, and deter deceit.

Efficient Operations

Activities optimized to use the least amount of resources to achieve the desired level of output.

Protecting Assets

Implementing security measures to safeguard a company’s tangible and intangible assets from loss, theft, or damage.

Reliable Accounting

Accounting practices that are consistently accurate and trustworthy, providing a true and fair view of an organization's financial situation.