What Focuses Specifically on Prioritizing the Order for Restoring Hardware

question 174

Multiple Choice

What focuses specifically on prioritizing the order for restoring hardware, software, and data across the organization that best meets business recovery requirements?

• A)technology failure
• B)incident record
• C)incident management
• D)technology recovery strategy

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Definitions:

Costing Methods

Various approaches used to calculate the cost of inventory and goods sold, such as First-In, First-Out (FIFO), Last-In, First-Out (LIFO), or average cost methods.

Periodic System

An inventory valuation method where inventory counting and valuation are performed at specific intervals.

Ending Inventory

The total cost of all the inventory a business has in stock at the end of an accounting period.

Inventory Costing Methods

These are accounting approaches to determine the value of inventory on hand and the cost of goods sold, including methods like FIFO (First-In, First-Out) and LIFO (Last-In, First-Out).