In Relation to Privacy, Which of the Following Is the Assurance

question 7

Multiple Choice

In relation to privacy, which of the following is the assurance that messages and information remain available only to those authorized to view them?

• A) Contentment
• B) Ethical standard
• C) Confidentiality
• D) Firewall security

---

Definitions:

Indirect Method

A cash flow statement preparation approach that adjusts net income for changes in non-cash accounts to compute cash flow from operating activities.

Direct Method

The direct method is a way of preparing cash flow statements where actual cash flows from operating activities are reported instead of adjustments from net income.

Direct Approach

A method used in accounting that focuses on the immediate recognition of revenues and expenses when they are incurred, without adjusting for accruals.

Indirect Approach

A method used in the preparation of the cash flow statement where net income is adjusted for non-cash transactions and changes in working capital.