The Only Use of the Acceptance Strategy That Is Recognized

question 1

Multiple Choice

The only use of the acceptance strategy that is recognized as valid by industry practicesoccurs when the organization has done all but which of the following?

• A) Determined the level of risk posed to the information asset
• B) Performed a thorough cost-benefit analysis
• C) Determined that the costs to control the risk to an information asset are much lower than the benefit gained from the information asset
• D) Assessed the probability of attack and the likelihood of a successful exploitation of a vulnerability

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Definitions:

Customer Margin

The profit derived from serving a particular customer, calculated as sales revenue minus the costs of servicing that customer.

Serving Customers

The process or actions taken to provide goods or services to customers in a way that meets or exceeds their expectations.

Activity-Based Costing

A costing methodology that assigns overhead and indirect costs to specific activities and then to products or services based on their consumption of those activities.

Machine-Hours

A measure of the amount of time machines are run in the production process, often used as a basis for allocating manufacturing overhead costs.