____________________ Is the Process of Applying Controls to Reduce the Risks

question 36

Essay

____________________ is the process of applying controls to reduce the risks to an organization's data and information systems.

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Definitions:

Operating Activities

These involve the primary revenue-generating activities of an entity, such as cash flows from selling goods and services.

Cash Flows

This refers to the net amount of cash being transferred into and out of a business, especially in the context of operating, investing, and financing activities.

Financial Statement

A written record that conveys the business activities and financial performance of a company, commonly including balance sheet, income statement, and cash flow statement.

Dividends Declared

This is the amount of earnings a company's board of directors decides to distribute to shareholders in the form of dividends.