What Is an Insider

question 103

Multiple Choice

What is an insider?

• A)A form of social engineering in which one individual lies to obtain confidential data about another individual.
• B)A hacker looking through your trash to find personal information.
• C)Legitimate users who purposely or accidentally misuse their access to the environment and cause some kind of business-affecting incident.
• D)Malicious agents designed by spammers and other Internet attackers to farm email addresses off websites or deposit spyware on machines.

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Definitions:

Partial Equity Method

A variation of the equity method in accounting, where the investor recognises income from the investee to the extent of dividends received, with some adjustments.

Initial Value Method

An accounting method which records assets and investments at their original purchase cost.

Lower-of-Cost-or-Market-Value

An accounting principle requiring that inventory be recorded at the lower of either its historical cost or its current market value.

Book Value

The value of an asset as reported on a company's balance sheet, calculated as the cost of the asset minus any accumulated depreciation.