One Aspect of Security Programs Is How an Organization Establishes

question 65

Short Answer

One aspect of security programs is how an organization establishes ________ that provide checks and balances for the people in charge of sensitive data and applications.

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Definitions:

Residual Value

The estimated value that an asset will realize upon its sale at the end of its useful life, after deducting the cost of disposal.

Service Life

The expected duration or period an asset is considered useful and productive for its intended purpose.

Impairment Loss

A reduction in the recoverable value of an asset, below its carrying amount on the balance sheet, leading to a write-down of the asset's value.

Cash Inflows

Money received by a business from various sources, including sales, financing, and investments, over a period.