A Practical Independent Measure Firms Can Take to Improve Information

question 22

Multiple Choice

A practical independent measure firms can take to improve information security is:

• A)​Eliminate employee internet use at work
• B)​Do not collect information about their customers
• C)​Continuously monitor employee desktop applications,e-mails and phone calls
• D)​None of these

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Definitions:

Exchange Rate

The price at which one currency can be exchanged for another currency in the foreign exchange market.

Balance Sheet

A financial statement that summarizes an organization's assets, liabilities, and shareholders' equity at a specific point in time.

Functional Currency

The monetary unit used by a company or entity to conduct and report its common business transactions, reflecting its primary economic environment.

Presentation Currency

The currency in which the financial statements of an entity are presented, which may differ from the entity's functional currency.