On March 3,2008,a Laptop Computer Belonging to Folding Squid Technology

question 4

Multiple Choice

On March 3,2008,a laptop computer belonging to Folding Squid Technology was stolen from the trunk of Jiao Jan's car while he was attending a conference in Cleveland,Ohio.After reporting the theft,Jiao considered the implications of the theft for the company's network security and concluded there was nothing to worry about because

• A) the computer was protected by a password.
• B) the computer was insured against theft.
• C) it was unlikely that the thief would know how to access the company data stored on the computer.
• D) the data stored on the computer was encrypted.

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Definitions:

Production Supervisor

An individual responsible for overseeing the daily operations of the manufacturing floor, ensuring efficient production and quality standards.

Property Taxes

Taxes assessed on real estate by local government, based on the assessed value of the property.

Mixed Cost

An expense that contains both variable and fixed cost components, changing in total with the level of activity but also containing a constant element.

Straight-Line Depreciation

A method used in accounting to allocate the cost of a tangible asset over its useful life evenly.