The Procedure of Entrusting a Party with a Copy of an Encryption

question 30

Multiple Choice

The procedure of entrusting a party with a copy of an encryption key that can be used in case the actual key is lost or destroyed is called ________.

• A) key escrow
• B) pledged encryption
• C) insured encryption
• D) key replication

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Definitions:

Financial Accounting

The field of accounting focused on the summarization, analysis, and reporting of financial transactions pertaining to a business to external entities.

Subchapter S Corporation

A corporation that meets specific Internal Revenue Code requirements and elects to be taxed as a pass-through entity, avoiding double taxation on its income.

Domestic Corporation

A company that is incorporated under the laws of the country in which it is doing business.

Accrual Basis

An accounting method that records income when earned and expenses when incurred, regardless of when the cash is received or paid.