What Control Procedure(s)should Be Used to Reduce the Risk of the Destruction

question 26

Multiple Choice

What control procedure(s) should be used to reduce the risk of the destruction of financial statement master data?

• A)Multifactor authentication.
• B)Backup and disaster recovery.
• C)Encryption.
• D)All of the above.

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Definitions:

Variable Selling Expense

Costs that vary directly with the volume of sales, including commissions and shipping fees.

Specialized Machine

Equipment designed for a specific purpose or task in the production process, often custom-built or highly specialized.

Financial Advantage

The benefit or gain in financial terms that an entity has, allowing it to achieve better results than others.

Current Profitability

A measure of a company's current earnings and its ability to generate profit over a specified period, typically emphasizing immediate financial health.