The Most Basic Security Procedure in System-Access Controls Is the

question 34

Multiple Choice

The most basic security procedure in system-access controls is the

• A) sign-countersign system.
• B) identification of the user's ID, time, and date of each entry.
• C) user's responsibility to protect his or her password.
• D) system's assignment of the user ID and password.

---

Definitions:

Market Value

The present cost at which a service or asset is available for purchase or sale in the market.

FIFO

"First In, First Out," an inventory valuation method where goods purchased or produced first are sold or used first.

Realized Holding Gains

Gains recognized from the sale of an investment or asset that were previously unrealized.

Rising Prices

An economic condition characterized by a general increase in consumer prices or the cost of living, often referred to as inflation.