Custodial Funds Are Used Only If a Government Holds Resources

question 2

True/False

Custodial funds are used only if a government holds resources in a custodial capacity for others.

---

Definitions:

Application

A rephrased definition: Programs or software designed to fulfill particular purposes for the user.

Cold Site

A backup facility that is kept in reserve, equipped with infrastructure but without active hardware or software until needed.

Risk Transference

A risk management technique where the potential impact of a risk event is shifted from one party to another, often involving insurance or contracts.

Home's Security

Refers to the measures and systems implemented to protect a residential property and its inhabitants from unauthorized access and other threats.