The Least Important Item to Store Off-Site in Case of an Emergency

question 68

Multiple Choice

The least important item to store off-site in case of an emergency is

• A)backups of systems software
• B)backups of application software
• C)documentation and blank forms
• D)results of the latest test of the disaster recovery program

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Definitions:

Capital Expenditures

Expenses for acquiring physical assets or making upgrades to existing ones, which are expected to provide benefits over a long period.

Direct Method

A technique used in cost accounting to allocate service department costs directly to production departments without considering service department interactions.

Operating Activities

The day-to-day tasks involved in managing a business which include production, sales, and the purchase of inventory.

Cash Dividends

A distribution of a company's earnings to shareholders in the form of cash payments.