____ Is an International Standard Framework That Is Based on the Security

question 47

Multiple Choice

____ is an international standard framework that is based on the security model Information Technology-Code of Practice for Information Security Management.

• A) ISO/IEC 17799
• B) NIST SP 800-12
• C) RFC 2196
• D) NIST SP 800-26

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Definitions:

Variable Costing

Variable costing is an accounting method in which only variable production costs (direct materials, direct labor, and variable manufacturing overhead) are included in the cost of goods sold, with fixed overhead expenses treated as period costs.

Variable Overhead

The overhead costs that fluctuate with the level of production activity, such as utilities and materials used in production.

Product Costs

The costs directly associated with the production of goods, including materials, labor, and manufacturing overhead.

Absorption Costing

A bookkeeping approach encompassing the entirety of production expenses, such as direct materials, direct labor, and both fluctuating and consistent overhead costs, within a product's price.