Access Is Granted Based on a Set of Rules Specified

question 30

Multiple Choice

Access is granted based on a set of rules specified by the central authority.

• A)blueprint
• B)DAC
• C)content-dependent access controls
• D)rule-based access controls
• E)separation of duties
• F)sensitivity levels
• G)storage channels
• H)task-based controls
• I)timing channels
• J)TCB

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Definitions:

Adjusting Entries

Entries made in journal accounts to correct any discrepancies and ensure that the revenue and expense recognition principles are followed accurately.

Relevant Financial Information

Financial data that is capable of making a difference in business decisions, being timely and having predictive and confirmatory value.

Cash Basis

Cash basis is an accounting method where revenues and expenses are recorded only when cash is received or paid, regardless of when the transactions occurred.

Accounting Period

A specific time period at the end of which an entity prepares financial statements to assess its financial performance and position.