Some Organizations Document the Outcome of the Control Strategy for Each

question 72

Multiple Choice

Some organizations document the outcome of the control strategy for each information asset-threat pair in a(n) _____,which includes concrete tasks with accountability for each task being assigned to an organizational unit or to an individual.

• A) risk management plan
• B) control strategy
• C) cost-benefit analysis
• D) action plan

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Definitions:

Financial Trouble

A situation where an individual or organization struggles to meet financial obligations due to insufficient funds or mismanagement.

Internal Revenue Code

The comprehensive body of tax laws and regulations governing the United States federal tax system.

False Return

A tax return that contains information that is knowingly incorrect, misleading, or incomplete.

Liability

A responsibility or obligation, legal or financial, that arises during the course of business operations.