7-35 the Risk That a Computer System May Malfunction During

question 7

True/False

7-35 The risk that a computer system may malfunction during the processing of data is an example of operational risk.

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Definitions:

Government Taxes

Compulsory financial charges imposed by governments on individuals, corporations, and transactions to fund public expenses.

Imported

Goods or services brought into one country from another for sale, trade, or use.

U.S. Customs Service

A federal agency responsible for regulating and facilitating international trade, collecting import duties, and enforcing U.S. trade laws and regulations.

Government Tax

Compulsory charges levied by a government on its citizens and businesses to fund public services and infrastructure.