Confidentiality Is

question 22

Multiple Choice

Confidentiality is

• A) Protecting information and information systems from unauthorized use
• B) Preserving authorized restrictions on access and disclosure, including means for protecting personal privacy and proprietary information Choices
• C) Guarding against improper information modification or destruction, and includes ensuring information non-repudiation and authenticity
• D) Ensuring timely and reliable access to and use of information

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Definitions:

Variable Costing

An accounting method that includes only variable production costs in the cost of goods sold and treats fixed costs as period costs.

Contribution Margin

The difference between sales revenue and variable costs, indicating how much revenue contributes to covering fixed costs and generating profit.

Manufacturing Margin

The difference between the cost of goods sold by a manufacturing company and its total sales, reflecting the gross margin specific to manufacturing operations.

Absorption Costing

A costing method that includes all manufacturing costs—direct materials, direct labor, and both variable and fixed manufacturing overhead—in the cost of goods sold.