Restricting Access of Users to Specific Portions of the System

question 7

Multiple Choice

Restricting access of users to specific portions of the system as well as specific tasks,is

• A)Authentication
• B)Authorization
• C)Identification
• D)Threat monitoring

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Definitions:

Quarterly Compounded

Refers to the process of calculating and adding interest to the principal amount of an investment or loan on a quarterly basis.

Nominal Rate

The stated or advertised interest rate on a loan or investment, not accounting for any compounding of interest within that period.

Quarterly Compounded

Quarterly compounded means that interest is calculated and added to the principal sum every quarter (three months), leading to growth in the investment or loan amount.

GIC

A financial product in Canada known as a Guaranteed Investment Certificate that promises a specific return rate for a predetermined time frame.