Which of the Following Is an Example of a Data

question 58

Multiple Choice

Which of the following is an example of a data safeguard against security threats?

• A)procedure design
• B)accountability
• C)application design
• D)backup and recovery

Identify the consolidation approach that excludes Non-controlling Interest (NCI).

Locate the placement of NCI on the statement of financial position under IAS 27.

Differentiate between reasons for acquiring less than a 100% interest in a subsidiary.

Understand and apply the elimination entries for intercompany transactions.

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Definitions:

Strategic

Pertaining to the identification of long-term or overall aims and interests and the means of achieving them, often used in the context of planning and management.

Outsourced

Refers to having contracted a third-party organization to handle certain business functions or services outside the company.

Predictable

Having a nature or behavior that can be anticipated or expected based on certain indications or patterns.

Fully Or Partly Automated

Systems or processes that are operated either entirely or partially by machines or software to reduce human intervention.