When Interest Rates Are Stated or Given for Loan Repayments,it

question 55

Multiple Choice

When interest rates are stated or given for loan repayments,it is assumed that they are ________ unless specifically stated otherwise.

• A)daily rates
• B)annual percentage rates
• C)effective annual rates
• D)APYs

---

Definitions:

Vulnerability

A weakness or gap in security that can be exploited by threats to gain unauthorized access to an asset.

SCADA Attacks

Cyber attacks targeting Supervisory Control and Data Acquisition systems, which are crucial for industrial control systems, potentially disrupting critical infrastructure.

User Access

The permission or rights granted to users to make use of a system, network, or specific resources within them.

Risk Transference Strategy

A tactic used in risk management where the potential impact of a risk is shifted to a third party, often through insurance or outsourcing.