Accountants Must Try to Protect the AIS from Threats

question 26

Multiple Choice

Accountants must try to protect the AIS from threats.Which of the following would be a measure that should be taken?

• A) Take a proactive approach to eliminate threats.
• B) Detect threats that do occur.
• C) Correct and recover from threats that do occur.
• D) All of the above are proper measures for the accountant to take.

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Definitions:

Shares

Units of ownership interest in a corporation or financial asset, providing a proportionate claim on its assets and profits.

Stock Split

An action by a corporation where it splits its current shares into numerous shares, aiming to increase the shares' liquidity.

Stock Splits

A corporate action to increase the number of shares, thereby reducing the price per share without altering the company's market capitalization.

Stock Dividends

Dividends paid to shareholders in the form of additional shares of the company's stock, rather than cash.