Which of the Following Is Not One of the Basic

question 3

Multiple Choice

Which of the following is not one of the basic actions that an organization must take to preserve the confidentiality of sensitive information?

• A) identification of information to be protected
• B) backing up the information
• C) controlling access to the information
• D) training

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Definitions:

Unfavorable Trend

A pattern or movement in financial or operational data that suggests a negative direction, potentially indicating problems.

Trade-In Allowance

The amount a seller provides to a buyer towards the purchase of a new item by trading in an older model.

Commercial Substance

A concept in accounting indicating that a transaction significantly changes the economic situation of a business, justifying a change in the financial statements.

Accumulated Depreciation

The aggregate depreciation charges applied to a fixed asset from when it first came into operation.