The Trust Services Framework Reliability Principle That States Access to the System

question 27

Multiple Choice

The Trust Services Framework reliability principle that states access to the system and its data should be controlled and restricted to legitimate users is known as

• A)availability.
• B)security.
• C)privacy.
• D)integrity.

---

Definitions:

Financial Distress Costs

Expenses stemming from a company's financial troubles, including the costs of bankruptcy, restructuring, and impaired ability to conduct business.

Indirect Bankruptcy Costs

Indirect bankruptcy costs include the intangible costs related to the loss of business, customer trust, and employee morale that a company faces when going through bankruptcy.

M&M Proposition II

It refers to a theory related to capital structure, stating that a firm's cost of equity increases with leverage because the risk to equity holders increases.

Business Risk

The exposure a company or investor has to various factors that can lower its profits or lead to a loss.