In Recent Years, Management's Concern About the Adequacy of Current

question 121

Multiple Choice

In recent years, management's concern about the adequacy of current control and security mechanisms used in a data communications environment has:

• A)decreased because the new sophisticated technology is far more secure than the old manual methods
• B)remained the same because management was always deeply interest in control and security
• C)decreased because of the change in moral and ethical codes in the U.S.to a kinder and gentler society
• D)increased because this commitment to data communications has changed the potential vulnerability of the organization's assets
• E)remained the same because there are very few threats to data communications

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Definitions:

Noncontrolling Interest

The share of equity in a subsidiary not held by the parent company, reflecting the interest that is not controlled by the majority shareholder.

Stockholders' Equity

The residual assets of a company that belong to the shareholders after all liabilities have been deducted; also known as shareholders' equity.

Common Stock

Kind of corporate security that denotes equity ownership in a corporation, offering voting rights and a share in the company's profits through dividends.

Consolidated Statement

Financial statements that represent the combined financial results of a parent company and its subsidiaries.