It Is Not Critical That an Organization's IT Security Policy

question 45

True/False

It is not critical that an organization's IT security policy have fullapproval or buy-in by senior management.

---

Definitions:

Personal-Use Asset

An asset primarily used for personal enjoyment or living purposes, not for business or investment.

Guaranteed Payments

Guaranteed Payments are payments made by a partnership to a partner for services or capital investment, which are not dependent on the partnership's income.

Separately Stated

Items on a tax return or financial statement that are listed individually to identify their specific impact on taxation or financial analysis.

Partnership Interest

An ownership share in a partnership that represents a partial right to its assets, income, and gains.