Threats Are

question 11

Multiple Choice

Threats are

• A) Safeguards used to minimize the impact of threats
• B) Capabilities, intentions and attack methods of adversaries to cause harm to assets
• C) Resource or information that is to be protected
• D) Weaknesses in an information system that can lead to a compromise of an asset

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Definitions:

Correct Closing Entry

Journal entries made at the end of an accounting period to transfer balances from temporary accounts to permanent accounts, thus preparing the books for the next period.

Adjusting Entry

Journal entries made in accounting records at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.

Inventory of Supplies

The total value of supplies held by a company that are yet to be used in production or sold.

Supplies Account

An account used to track the cost of supplies used by a business during an accounting period.