What Is Multifactor Authentication

question 106

Multiple Choice

What is multifactor authentication?

• A)The traditional security process that requires a user name and password.
• B)A process that requires the user to provide two means of authentication, what the user knows (password) and what the user has (security token).
• C)A process that requires more than two means of authentication such as what the user knows (password), what the user has (security token), and what the user is (biometric verification).
• D)The identification of a user based on physical characteristic such as a fingerprint, iris, face, voice or handwriting.

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Definitions:

LIFO

Last In, First Out, is an inventory valuation method assuming that goods purchased last are the first to be sold.

FIFO

First In, First Out, a method used in accounting to manage inventory and financial matters where the first items placed in inventory are the first sold or used.

Average Cost

A method of inventory valuation that calculates the cost of goods sold and ending inventory based on the weighted average cost of all goods available for sale.

First-In, First-Out

An inventory valuation method where the cost of the earliest goods purchased are the first to be recognized in determining cost of goods sold.