Examlex

Solved

An Employee Has Some Important Information About a Company's Web

question 37

Multiple Choice

An employee has some important information about a company's web security. The employee has identified some security breaches that would allow a hacker to access customers' personal information. However, the employee's manager decided the issue was not important and the employee has no way of contacting the president of the company. Two weeks later, the website is hacked. The lack of communication between employee and president illustrates which concept?


Definitions:

Simple Interest

Interest calculated merely on the primary sum, or on the part of the primary sum that remains unsettled.

Nearest Cent

Rounding an amount to the closest cent, often used in financial transactions to ensure accuracy.

One Decimal Place

A numerical value rounded to a single digit following the decimal point.

Compound Interest

A method where interest is accrued both on the initial sum either deposited or loaned out, and also on the interest that has built up over prior periods.

Related Questions