Which of the Following Groups Should Be Represented on the BC

question 11

Multiple Choice

Which of the following groups should be represented on the BC team?

• A)IT managers
• B)Information security managers
• C)Senior managers
• D)All of the above

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Definitions:

Recording Process

The act of documenting financial transactions systematically in the books of accounts of a business.

Journal

An elaborate log that captures every financial transaction of an enterprise, initially entered prior to its transfer to the accounts within the general ledger.

Ledger

A comprehensive collection of accounts that records all financial transactions of a business, serving as the principal book for accounting.

Trial Balance

An accounting report that lists the balances of all ledger accounts to ensure that debits equal credits, used for internal checks.