A Security Breach Is a Weakness in a System Component

question 34

True/False

A security breach is a weakness in a system component that could be exploited to allow unauthorized access or cause service disruptions.

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Definitions:

Accrued Liabilities

Liabilities for expenses that have been incurred but have not yet been paid or recorded through a standard payment transaction.

Cash Payments

Transactions where payment is made using cash, as opposed to checks, credit cards, or electronic transfers.

Credit Sales

Transactions where the buyer is allowed to pay for goods or services at a later date, extending credit by the seller.

Cash Collections

The process of gathering and managing the cash received from sales, services, or other receivables.